Wednesday, May 11, 2016

CPO trading range for the day is 551-564.6.
Crude palm oil prices ended with gains on improved domestic demand at the spot market and lower than expected world CPO production.
Global output may be smaller than previously expected and fall to 61.25 million metric tons this year, the first decline in over 20 years.
Malaysia palm oil stockpiles for April month are expected to fall to 1.82 million tons, its lowest level since February 2015.
Crude palm oil prices in spot market dropped by 2.40 rupees and settled at 562.60 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co



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