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EPIC RESEARCH NCDEX CRUDE PALM OIL UPDATE OF 28 April 2017

CPO trading range for the day is 515.2-519.8.Crude Palm Oil ended with losses tracking weakness as Indonesia’s output likely rose in March after falling for the previous three months.However expectations of slower than forecast output growth limited the downside.Meanwhile, Indonesian CPO exports were estimated to have dropped last month to 2.09 million tonnes, from 2.41 million tonnes in February.Crude palm oil prices in spot market dropped by 0.60 rupees and settled at 517.30 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 28 April 2017

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