Monday 20 October 2014

Capital stroke NCDEX Update : CRUDE PALM OIL 20-October-2014



CPO trading range for the day is 441.1-447.1.
Crude palm oil ended with losses following robust import data in the local market and weak demand.
Higher imports of edible oil by India indicating higher supplies situation in local markets.
India crude palm oil imports surged 32.88% to 601,676 tons in September compared to 452,784 tons for the same period a year ago.

Crude palm oil prices in spot market gained by 0.80 and settled at 443.40 rupees

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