Monday, 14 July 2014

Capital stroke NCDEX Update : CRUDE PALM OIL 15 July 2014



CPO trading range for the day is 518.6-530.8.
Crude palm oil dropped driven by lower demand in the spot market.
Further, ample inventories in the physical market on increased supplies from the major producing belts too added pressure.
Malaysia palm oil exports increased 5.3% to 1.48 million tons in Jul 1-10 compared to 1.4 million tons for the same period a month ago.
Crude palm oil prices in spot market dropped by 2.50 and settled at 533.30 rupees.


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