EPIC RESEARCH NCDEX UPDATE OF JEERA CRUDE PALM OIL 9 MAY 2018

• CPO trading range for the day is 641.4-655.
  
• Crude palm oil dropped tracking weakness in spot demand despite of firmness in overseas prices on expectations of slowing output.
• Palm oil inventories in Malaysia, are forecast to slide to their lowest in six months, as exports and domestic consumption outpaced production.
• India's palm oil import from Malaysia during Apr 1-30 slipped 38.67% to 253,155 tons compared to 412,783 tons in the same period a month ago.
• Crude palm oil prices in spot market gained by 0.90 rupees and settled at 645.20 rupees.

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