EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 22 AUGUST 2016

CPO trading range for the day is 553.4-580.4. Crude palm oil dropped taking cues from international market on oversupply woes by making oil cheap in export market. Prices were also traded lower in expectation that Indonesia's crude palm oil (CPO) output may rise 14% in July.
India's monthly palm oil imports fell to 570,051 tonnes in July, the lowest since February 2015.
Crude palm oil prices in spot market dropped by 2.10 rupees and settled at 570.70 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co