Friday, February 16, 2018

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 16 FEBRUARY 2018


  • CPO trading range for the day is 574.2-580. 
  • Crude palm oil ended with gains driven by firmness in demand from spot market. 
  • Malaysia exported 608,447 tonnes of palm oil products from Feb. 1 to 15, up 10.1 percent from 552,635 tonnes during Jan. 1 to 15, cargo surveyor Intertek Testing Services said.
  • Crude palm oil output in Malaysia, dropped by 13.49% compared to previous month while exports climbed by 6%, data released by MPOB showed.
  • Crude palm oil prices in spot market dropped by 0.10 rupees and settled at 571.00 rupees.

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