EPIC RESEARCH NCDEX UPDATE OF CRUDEPALMOIL 17 AUGUST 2016

CPO trading range for the day is 546.2-567.2. Crude palm oil prices ended with gains following uptick in demand in the spot market. Malaysia palm oil exports during Aug 1-15 climbed 30.6% compared to a month earlier on improved demand. USDA decreased palm oil imports in 2015/16 by 0.25 MMT to 9.25 MMT in its August estimate from 9.5 MMT in its July estimate. Crude palm oil prices in spot market gained by 16.70 rupees and settled at 564.30 rupees.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co