Sunday, 15 June 2014

Capital stroke NCDEX Update : CRUDE PALM OIL 16 June 2014




CPO trading range for the day is 507.2-538.6.
Crude palm oil ended with gains as investors covered short position at lower levels and expectations of improved demand for bio-fuel.
However, an increase in Malaysian crude palm oil production and stockpiles, capped the gains prices to some extent. India's
India's new govt to avoid palm oil duty hike.
Crude palm oil prices in spot market gained by 6.40 and settled at 518.10 rupees.

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