EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 30 DECEMBER 2016

CPO trading range for the day is 576-586.8. Crude palm oil prices ended with gains amid pick-up in domestic demand at the spot market. In November, Malaysia's production of crude palm oil dropped 6.1% to 1.57 million tons from a month earlier. Indonesian palm oil exports probably rose to the highest level in 13 months in November as some buyers replenished stockpiles. Crude palm oil prices in spot market gained by 4.00 rupees and settled at 584.10 rupees. To get reliable and quality NCDEX Tips ✆ – 0731-6642300