Tuesday, January 16, 2018


  • CPO trading range for the day is 555.4-563.4.
  • Crude palm oil prices ended with gains tracking firmness in spot demand and overseas prices amid short covering.
  • Malaysia exported 552,635 tonnes of palm oil products from Jan. 1 to 15, down 7.4 percent from 596,862 tonnes during Dec. 1 to 15.
  • As per SEA latest report, During Nov-Dec, import of refined palm oil fell to 254,286 tn from 486,502 tn in corresponding period last year
  • Crude palm oil prices in spot market gained by 0.90 rupees and settled at 551.30 rupees
  • BUY CPO JAN 2018 @ 560.00 SL 557.00 TGT 564.00-568.00.MCX

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