EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 22 SEPTEMBER 2016

CPO trading range for the day is 582-595.4. Crude palm oil gained tracking firmness in spot demand despite of weak export data from Malaysia. Palm oil prices were up after stockpiles of the second largest crude oil producer slipped 17.29% to 1.46 million tons in August end. Crude palm oil stocks declined 25.78 per cent to 757,405 tonnes in August from 1.02 million tonnes at end-July. Crude palm oil prices in spot market gained by 2.20 rupees and settled at 598.60 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co