Thursday 15 May 2014

Capital stroke NCDEX Update : CRUDE PALM OIL 15 MAY 2014

Palm oil Futures on KLCE traded on a positive bias on Wednesday on expectations of improvement in demand ahead of Ramadan and settled 0.83% higher. However, higher output and end stocks capped sharp gains.

According to Malaysian Palm oil Board, exports increased 3.8% in April against March, while palm oil output jumped 2.4% and the end stocks increased 0.8%.


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