EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 18 May 2017

• CPO trading range for the day is 508.5-517.9.
  
• Crude palm oil ended with gains amid good physical demand and increasing tariff value.
• Palm oil import rose 2.25 per cent to 7,52,632 tonnes in April on higher shipment of crude palm oil (CPO), SEA said.
• Malaysian Palm Oil Board of data showed that domestic stocks of the vegetable oil rose by less than expected last month.
• Crude palm oil prices in spot market gained by 3.70 rupees and settled at 518.30 rupees.

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