CPO
trading range for the day is 558.2-576.6. Crude palm oil dropped taking
cues from international market on oversupply woes by making oil cheap
in export market. Palm oil's share of India's edible oil imports stood
at 66 percent last year, down from 86 percent in 2007/08. 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 gained by 8.50
rupees and settled at 572.80 rupees. For more information ✆ -
0731-6642300 Visit http://www.epicresearch.co
Friday, August 19, 2016
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