EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 12 JULY 2018

• CPO trading range for the day is 617.4-634.
  
• Crude palm oil dropped tracking weakness in spot demand and overseas prices over concerns about the U.S.-China trade dispute and on weak demand.
• Indonesia's shipments of palm oil and palm kernel oil, fell 18.3 percent to 2.14 million tonnes in May from a year earlier.
• Indonesia's palm oil stocks jumped to 4.76 million tonnes by the end of May, compared with 3.97 million tonnes by end-April.
• Crude palm oil prices in spot market dropped by 4.20 rupees and settled at 630.80 rupees.

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