EPIC RESEARCH MCX CRUDE PALM OIL UPDATE OF 19 July 2018

CPO trading range for the day is 612.2-623.4.

* Crude palm oil ended with gains tracking firmness in spot demand on short covering after prices dropped on higher stocks in the country.

* According to SEA monthly update, palm oil imports into the country were down 47% and 26% for CPO and RBD Palmolein in June compared to last year.

* Exports of Malaysian palm oil products for July 1 – 15 fell 2.7 percent to 486,609 tonnes from 500,197 tonnes shipped during June 1 – 15.

Crude palm oil prices in spot market gained by 4.00 rupees and settled at 620.20 rupees.

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