Friday, October 27, 2017

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 27 OCTOBER 2017


  • CPO trading range for the day is 541.1-545.9.
  • Crude palm oil prices gains on short covering after prices seen some pressure on easing supply worries in global market.
  • Data released by South Malaysia Oil Mills Association showed palm oil production up 20.58% compared to same period a month ago.
  • The US Commerce Department set preliminary antidumping duties on imports of biodiesel from Argentina and Indonesia
  • Crude palm oil prices in spot market gained by 1.40 rupees and settled at 543.00 rupees.

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