EPIC RESEARCH MCX crude palm oil UPDATE OF 20 July 2018

CPO trading range for the day is 612.9-620.9.

* Crude palm oil dropped owning higher supply amid subdued buying interest in global market.

* Expectation of higher supply from Malaysia and declining buying interest kept CPO down.

* Prices of palm oil were also down as closing stockpiles of palm oil in June rose marginally by 0.83% to 2.188 million tons.

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