EPIC RESEARCH MCX CRUDE PALM OIL UPDATE OF 21 June 2018

CPO trading range for the day is 627.7-636.3.

Crude palm oil gained tracking firmness in spot demand with the improved buying by stockists and retailers at lower price and on hiked import duty.

The base import price of crude palm oil and RBD palmolein was cut by $14 each and $17 to $644 per tn and $673 per tn, respectively.

Exports of Malaysian palm oil products for June 1 – 20 fell 6.4 percent to 690,015 tonnes from 736,942 tonnes shipped during May 1 – 20.

Crude palm oil prices in spot market dropped by 0.10 rupees and settled at 636.90 rupees. -

Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > 911 133 9000

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+