EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 28 SEPTEMBER 2018

• CPO trading range for the day is 591.7-596.5.
  
• Crude palm dropped on profit booking amid higher production outlook and adequate availability of veg oil stocks.
• Import in India reported at 363799 MT in month of July against the 304,577 MT of prior month, higher by 19% m/m as per the data.
• MBOB released its production estimates for the month of August pegged production at 16.2 lakh tonnes against the 15 lakh tonnes of July.

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