EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 04 November 2016

CPO trading range for the day is 510.1-526.9. Crude palm oil prices ended with gains tracking firmness in spot demand and overseas prices on supply worries in global market. Market report suggests that palm oil production in Malaysia during the month of October would remain stable after a nominal growth last month. Exports of Malaysian palm oil products for October fell 5.1% to 1.29 million tons from 1.36 million tons shipped during September. Crude palm oil prices in spot market dropped by 0.20 rupees and settled at 522.80 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300