Wednesday, October 3, 2018

EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 3 OCTOBER 2018


  • CPO trading range for the day is 579.8-589. 
  • Crude palm oil dropped as caution over rising stockpiles outweighed positive September export numbers.
  • Malaysian inventories last rose to a seven-month high of 2.49 million tonnes in August, according to official data from a Malaysian industry regulator.
  • Exports of Malaysian palm oil products for September rose 51.6 percent compared with August, cargo surveyor Intertek Testing Services said.
  • Crude palm oil prices in spot market dropped by 3.00 rupees and settled at 588.60 rupees.

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