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Epic Agri Commodity Update:crude Palam Oil

Discussion in 'Technical Analysis' started by Epicresearch, Mar 12, 2013.

  1. Epicresearch

    Epicresearch Active Member

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    CPO trading range for the day is 454.33-460.33.Crude palm oil dropped tracking weakness in spot demand despite of expectations for lower palm oil stocksMalaysia's February palm oil stocks fell 5.2 percent to 2.44 million tonnes from 2.58 million tonnes in JanuaryThe inventory fall was less than the drop to 2.42 million level expected in a survey for stocksCrude palm oil prices in spot market dropped by 0.10 rupees and settled at 454.50 rupees.
     
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