EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 31 AUGUST 2016

CPO trading range for the day is 557.8-561.8. Crude palm oil prices ended with losses tracking weakness in spot demand and overseas prices. Demand may slow down going considering palm oils discount to soy and rape has narrowed down significantly. Malaysia palm oil exports to India climbed more than double to 248,550 tons during Aug 1-16 compared to 115,630 tons a month ago. Crude palm oil prices in spot market dropped by 1.00 rupees and settled at 559.80 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co