EPIC RESEARCH NCDEX UPDATE OF CRUDEPALMOIL 5 AUGUST 2016

CPO trading range for the day is 519.3-537.3.Crude palm oil dropped due to profit booking after prices gained on higher demand following improved Malaysian palm oil export data.Malaysia palm oil exports during July 1-31 climbed 15.4% compared to a month earlier on improved demand from European Union Stocks of edible oil in ports and pipeline are estimated at 2.320 million tons compared to 2.180 million tons a year ago.Crude palm oil prices in spot market gained by 4.30 rupees and settled at 534.60 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co