EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 10 October 2016

CPO trading range for the day is 502.4-526.6. Crude palm oil prices ended with losses due to profit booking on subdued demand despite of supply worries. Malaysia palm oil exports during Sep 1-30 dropped 15% compared to a month earlier on weak demand. Indonesia's palm oil reserves slumped by 9.8% to 1.695 million tons compared to 1.888 million tons in July. Crude palm oil prices in spot market dropped by 1.50 rupees and settled at 554.40 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co