EPIC RESEARCH NCDEX UPDATE OF CRUDE PALM OIL 12 NOVEMBER 2018

• CPO trading range for the day is 539.3-558.5.
  
• Crude palm oil dropped on concerns of a slowdown in exports and on expectations for an increase in Malaysian palm oil stocks during October.
• Malaysia's palm oil stocks at end-October are forecast to rise to the highest in three years at nearly 3 million tonnes amid a seasonal rise in output.
• Robust output in Indonesia has this year helped push up global production of the vegetable oil by an estimated 4 million tonnes.

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