EPIC AGRI COMMODITY UPDATE:CRUDE PALAM OIL
Posted: Thu Jul 25, 2013 10:19 pm
CPO trading range for the day is 478.6-508.8.Crude palm oil ended with losses tracking weakness in spot demand and overseas prices.Exports for July 1-25 fell 7 percent from the same period last month, also weighing on the market.Production will start going up and we will see a build up in stocks.Crude palm oil prices in spot market dropped by Rs 7.20 and settled at 493.20 rupees.