Thursday, 10 July 2014

Capital stroke NCDEX Update : CRUDE PALM OIL 10 July 2014



CPO trading range for the day is 524.8-533.4.
Crude palm oil ended with losses as buying interest dried up ahead of a key stocks report kept investors on the sidelines.
However, ample inventories in the physical market on increased supplies from the major producing belts, capped some gains.
Exports of Malaysian palm oil products in June increased 5.8% to 1,391,942 tonnes from 1,315,952 tonnes shipped in May.
Crude palm oil prices in spot market gained by 1.10 and settled at 535.90 rupees.

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