Monday, 2 June 2014

Capital stroke NCDEX Update : CRUDE PALM OIL 3 June 2014



CPO trading range for the day is 495.9-519.1.
CPO settled up 0.63% at 510.3 tracking firmness in spot demand amid short covering.
Further, expectations of higher production from the major producing belts too influenced crude palm oil prices.
Malaysian palm prices, which set the tone for global prices, have lost more than 10 percent since the start of the year.

Crude palm oil prices in spot market dropped by 15.60 and settled at 507.80 rupees

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