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EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 16 MARCH 2017

CPO trading range for the day is 521.2-536.2.Crude Palm Oil Prices ended with gains tracking firmness in spot demand amid supply shortage worries from Malaysia.Palm oil output in Malaysia dropped by 1.43% to 1.25 million tons as compared to 1.27 million tons in January, data published by MPOB showed.Closing stockpiles for month of February also dropped 5.32% to 1.45 million tons as compared to 1.54 million in January.Crude palm oil prices in spot market gained by 3.10 rupees and settled at 541.70 rupees.

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This post first appeared on Mcx And NCDEX Updates By Epic Research, please read the originial post: here

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EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 16 MARCH 2017

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