EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 17 MARCH 2016

CPO trading range for the day is 501.8-516.4.
Crude palm oil prices gained following uptick in demand in the spot market.
Prices of the palm oil will be supported by robust demand after Malaysia palm oil exports during Mar 1-10 climbed 31.1%.
Malaysia's crude palm oil output and end-February stockpiles fell, a data released by the Malaysian Palm Oil Board showed.
Crude palm oil prices in spot market gained by 1.60 rupees and settled at 502.40 rupees. 

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