EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 28 DECEMBER 2016

CPO trading range for the day is 568.1-581.9. Crude palm oil prices ended with gains tracking firmness in spot demand and overseas prices on supply worries. Production of crude palm oil dropped 6.1% to 1.57 million tons in November from a month earlier. As per SEA data, Palm oil imports fell by 8.27% to 8,01,311 tonnes in November this year. Crude palm oil prices in spot market gained by 5.50 rupees and settled at 573.80 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300