Sunday 20 July 2014

Capital stroke NCDEX Update : CRUDE PALM OIL 21 July 2014



CPO trading range for the day is 523.3-536.3.
Crude palm oil gained due to improved demand in the spot market.
Further, firm export demand and prospects of tighter supplies of the vegetable oil this month, too supported crude palm oil priceXs.

India crude palm oil imports jumped to 5.12 million tons in June compared to 3.53 million tons for the same period a year ago.

Crude palm oil prices in spot market dropped by 0.10 and settled at 534.10 rupees.

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