EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 14 DECEMBER 2016

CPO trading range for the day is 554.9-569.3. Crude palm oil prices ended with gains tracking firmness in spot demand and overseas prices. Palm oil stockpiles in Malaysia is likely to be at 4-month high in November after India's cash ban seen curbing palm-oil imports. Malaysia palm oil reserves seen at 4-month high in November as per survey while output is estimated at -3% m/m to 1.63m tons. Crude palm oil prices in spot market gained by 0.40 rupees and settled at 563.00 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300