EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 7 MARCH 2018

• CPO trading range for the day is 633-653.4.
  
• Crude palm oil ended with gains driven by uptick in demand at the physical markets.
• Indonesia's palm oil output may rise to 37.5 million tons in 2018 compared to 33.5-34 million tons estimated for 2017.
• Malaysia's palm oil production is expected to rise to 20.5 million tons in 2018 compared to 19.5 million tons in 2017.
• Crude palm oil prices in spot market dropped by 0.40 rupees and settled at 648.10 rupees.

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