Thursday, September 6, 2018

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 6 SEPTEMBER 2018


  • CPO trading range for the day is 598-611.
  • Crude palm oil gains dropped on profit booking after prices gained tracking firmness in spot demand supported by firm palm oil prices in Malaysia and weaker rupees.
  • The base import price of crude palm oil was cut for 6 successive time to $567 per tn from $573 per tn for the first fortnight of September.
  • Indonesia exported 2.81 million tonnes of palm and palm kernel oils in the month of June, up 17 percent on a year ago.

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