Tuesday, 1 July 2014

Capital stroke NCDEX Update :CRUDE PALM OIL 1 JULY 2014

CPO trading range for the day is 518.5-530.9.
Crude palm oil ended lower on higher imports of the edible oil by India and caution ahead of Malaysia palm oil data.
Palm oil imports by India continents 9.58 % to 299,725 tons in June 1-25 compared to 273,514 tons for the same period a month ago.
Palm oil stocks in Malaysia likely edged up for a third straight month in May to touch their highest since the end of January


Crude palm oil prices in spot market dropped by 1.00 and settled at 534.80 rupees.
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