EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 27 SEPTEMBER 2016

CPO trading range for the day is 572.7-586.9. Crude palm oil prices dropped after the import duty on crude palm oil have been reduced to 15 percent. Palm oil imports by India fell for a fourth month in August dropped by 16% to 540,633 metric tons in August from a year earlier. Malaysia’s total palm oil stocks fell 17.29 per cent to 1.46 million tonnes in August against 1.77 million tonnes in the previous month. Crude palm oil prices in spot market dropped by 18.70 rupees and settled at 579.50 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co