EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 10 April 2017

• CPO trading range for the day is 512.2-529.2. 
  
• Crude palm oil dropped on profit booking amid expectation of higher output from Malaysia. 
• Prices of the oil were down as Malaysia Palm Oil reserves are expected to rise during March month. 
•  Inventories are expected to rise by 4.1% to 1.52 million tons in March as compared to previous month. 
• Crude palm oil prices in spot market dropped by 4.60 rupees and settled at 538.00 rupees.

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