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EPIC SEARCH NCDEX Crude palm oil UPDATE OF 21 January 2019



CPO trading range for the day is 548-555.6.

Crude palm oil gained tracking firmness in spot demand and overseas prices on forecast of declining production in the coming months and improving export data.

Palm oil output in Malaysia, the world's second-largest producer, is forecast to rise to 20.3 million tonnes this year.

Indonesia's palm oil production is expected to rise by 10 percent this year, the country's industry association said.



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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 SEARCH NCDEX Crude palm oil UPDATE OF 21 January 2019

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