Thursday 31 July 2014

Capital stroke NCDEX Update : CRUDE PALM OIL 1 August 2014



CPO trading range for the day is 512.9-521.7.
Crude palm oil ended with losses on weak demand from domestic consumer amid caution ahead of
Malaysia palm oil export data

Further, restricted arrivals from producing regions and expectations of improved global demand limited the upside.
Exports of Malaysian palm oil products for July 1-15 rose 14.2 percent to 673,463 tonnes from 589,748 tonnes during June 1-15.

Crude palm oil prices in spot market dropped by 0.40 and settled at 539.00 rupees.

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