CPO
trading range for the day is 523-553.6.Crude palm oil dropped taking
cues from international market on oversupply woes by making oil cheap in
export market. Palm oil stockpiles in Malaysia declined in July as
exports from the world’s second-largest producer surged to the highest
this year.Inventories fell 0.2 percent to 1.77 million metric tons at
the end of July from a revised 1.775 million tons a month earlier. Crude
palm oil prices in spot market dropped by 0.70 rupees and settled at
544.90 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Friday, August 12, 2016
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