EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 05 October 2016

CPO trading range for the day is 511.3-537.9. Crude palm oil dropped taking cues from international market on oversupply woes by making oil cheap in export market. Prices also dropped on subdued demand following weak Malaysian palm oil export data from Sep 1-30 period. India's palm oil imports from Malaysia declined by 30.88% to 377,225 tons during Sep 1-30 compared to 545,783 tons a month ago. Crude palm oil prices in spot market dropped by 5.40 rupees and settled at 569.60 rupees. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co