EPIC RESEARCH NCDEX CRUDEPALMOIL UPDATE OF 25 JULY 2016

CPO trading range for the day is 517.4-526.8.Crude palm oil prices dropped on ample stocks position following higher supply from the producing belts. However downside seen limited cushioned by supply worries from Indonesia on anticipation of lower stockpiles for June month.Inventories of CPO in Indonesia, are expected to fall by 18% in June to 1.712 million ton, the lowest since the survey started in August 2014. Crude palm oil prices in spot market gained by 0.10 rupees and settled at 526.80 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co