Monday, September 25, 2017

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 25 SEPTEMBER 2017


  • CPO trading range for the day is 538.8-548.6.
  • Crude palm oil prices ended with gains amid good demand in the physical market.
  • The prices were also supported due to increase in tariff value for Crude palm oil and higher import duty.
  • Palm oil imports by China from Malaysia during Sep 1-20 jumped 58.11% to 178,432 tons compared to 112,850 tons in the same period a year ago.
  • Crude palm oil prices in spot market gained by 3.50 rupees and settled at 546.50 rupees.

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