Thursday, 3 July 2014

Capital stroke NCDEX Update : CRUDE PALM OIL 3 JULY 2014

CPO trading range for the day is 517.4-528.6.
CPO settled down on profit booking after prices seen supported tracking positive sentiments from Malaysian palm oil data in the global market
Malaysia palm oil exports increased 5% to 1.39 million tons in Jun 1-30 compared to 1.31 million tons for the same period a month.
India and sub-continents palm oil imports from Malaysia increased 6.14% to 367,390 tons in Jun 1-30 against 346,114 tons in May 1-30.


Crude palm oil prices in spot market gained by 0.80 and settled at 528.60 rupees.
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