Friday, September 7, 2018

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 7 SEPTEMBER 2018


  • CPO trading range for the day is 599.6-611.4.
  • Crude palm oil ended with gains tracking firmness in spot demand amid expectation of rise in festive demand.
  • However, upside seen limited on higher inventory outlook in Malaysia for the month of Aug.
  • Official data from industry regulator the Malaysian Palm Oil Board is scheduled for release on Sept. 12 CPO import in India reported at 363799 MT in month.
  • Crude palm oil prices in spot market gained 0.10 rupees and settled at 605.10 rupees.

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