Wednesday, June 7, 2017

EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 7 june 2017


  • CPO trading range for the day is 488.1-499.3.
  • Crude palm oil prices gains tracking firmness in spot demand and overseas prices amid lower stockpiles from Indonesia.
  • Indonesian palm oil stockpiles during April fell to 888,000 tons in April from 1.4 million tons in the same period a month ago.
  • Palm oil import rose 2.25 per cent to 7,52,632 tonnes in April on higher shipment of crude palm oil.
  • Crude palm oil prices in spot market dropped by 1.70 rupees and settled at 507.30 rupees.

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