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Epic Agri Commodity Update:crude Palam Oil

Discussion in 'Indian Stocks' started by Epicresearch, Mar 19, 2013.

  1. Epicresearch

    Epicresearch Active Member

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    CPO trading range for the day is 446.6-455.8.Crude palm oil edged lower as traders turned cautious after a radical bailout proposal for Cyprus rattled investors.Seasonally lower output in Malaysia may help ease stocks and support prices.Palm oil production in Malaysia could remain relatively weak, having fallen below market expectationsCrude palm oil prices in spot market dropped by 3.00 rupees and settled at 449 rupees.






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