EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 16 JANUARY 2017

CPO trading range for the day is 584.1-595.1. Crude palm oil prices ended with gains on demand hope and on supply worries. Malaysia palm oil exports during Jan 1-10 climbed 8% compared to a month earlier on strong demand from China and Middle East, data showed. India & Subcontinent's palm oil imports from Malaysia during first 25 days of the month climbed by 60.26% to 144,175 tons Crude palm oil prices in spot market gained by 2.20 rupees and settled at 601.60 rupees. 

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