Tuesday 27 May 2014

Capital stroke NCDEX Update : CRUDE PALM OIL 27 MAY 2014

CPO trading range for the day is 515.8-531.
Crude palm oil dropped tracking weakness in spot demand and global cues on higher Malaysia palm oil supplies.
Ample palm oil inventories in Malaysia will keep the crude palm oil under pressure.
Palm oil inventories in Malaysia climbed to 1.77 million tons in April compared to 1.68 million tons a month ago.


Crude palm oil prices in spot market dropped by 7.60 and settled at 525.10 rupees.

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