EPIC RESEARCH MCX CRUDE PALM OIL UPDATE OF 26 June 2018

Posted by Commodity Updates by Epic Research on 16:47:00 with No comments

CPO trading range for the day is 633.5-640.9.

Crude palm oil gained tracking firmness in spot demand and overseas prices despite of weak export demand and losses in soyoil.

Exports of Malaysian palm oil products for June 1 – 25 fell 12.5 percent to 860,217 tonnes from 983,656 tonnes shipped during May 1 – 25.

India’s palm oil imports in May plunged 38 per cent from a year earlier to their lowest in nearly four and a half years.

Crude palm oil prices in spot market gained by 4.00 rupees and settled at 640.00 rupees.


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