EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 23 SEPTEMBER 2016

CPO trading range for the day is 584.2-603.4. Crude palm oil gained due to good demand for the edible oil in the physical market. As per SEA circular, palm oil imports dropped 16% to 540,633 metric tons in August from a year earlier. SEA data showed imports of palm oil almost doubled to 2.2 mt in Nov-Aug, compared with 1.3 mt a year ago. Crude palm oil prices in spot market gained by 1.50 rupees and settled at 600.10 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co