EPIC RESEARCH NCDEX CRUDEPALMOIL UPDATE OF 20 JUNE 2016

CPO trading range for the day is 501.3-516.5. Crude palm oil gains as demand picked up in the spot market. Further, restricted supplies from producing regions too fuelled the uptrend. Palm oil imports fell by 28 per cent to 657,454 tonnes in May, in view of higher stock availability and sluggish summer demand. Indonesia's CPO exports in May expected to fall to 1.919 million tons compared to 1.928 million tons a month earlier.Crude palm oil prices in spot market gained by 2.60 rupees and settled at 511.90 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co