FCPO : Info & Analysis

[Sony_Boy]

tgh kumpul duit
tak lama dah

bila hang nak tukaq title? letak biasa2 dah ler.. braper masuk? 10 lot?..

 

[taufic]

bila hang nak tukaq title? letak biasa2 dah ler.. braper masuk? 10 lot?..

10 lot? perli aku ka.. hoho
pelan2.. nanti setel br rancak kt sini
bj dh lama dah rancak

 

[Sony_Boy]

10 lot? perli aku ka.. hoho
pelan2.. nanti setel br rancak kt sini
bj dh lama dah rancak

bukan perli, bagi semangat, hehehe..

 

[Sony_Boy]

Cautious trading ahead for palm futures

Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives is likely to see cautious trading next week as traders adopt a wait-and-see attitude ahead of the release of key export data.

Dealers said the Oct 1-25 export data is not expected to be impressive offtake is estimated to increase by one to two per cent compared with the same period last month.

"The data will be as same as the first 20 days figure. So, we dont think the market will be impacted much," said one dealer, adding that gains may be limited as traders have already factored in the figures.

But, if the data turns out to be better-than-expected, the market may react positively with the commodity trading between RM2,250 and RM2,300 per tonne.
For the week just-ended, the market finished higher but only before retreating a little on profit-taking prompted by bearish data released by cargo surveyors.

Intertek Testing Services reported a 1.8 per cent increase in palm oil exports to 812,095 tonnes for the Oct 1-20 period from 797,929 tonnes registered in the same period last month.

Societe Generale de Surveillance, meanwhile, said export during the period fell 1.4 per cent to 825,626 tonnes from 837,656 tonnes reported previously

On a week-to-week basis, spot month November 2009 increased RM49 to RM2,232 a tonne and Decemer 2009 surged RM57 to RM2,232 a tonne.

January 2010 rose RM60 to RM2,238 per tonne while February 2010 went up by RM61 a tonne to RM2,239.

Total turnover for the week, however, declined to 85,901 lots compared with 99,773 lots traded last week while open interest stood at 91,707 contracts against 89,399 contracts previously.

On the physical palm oil market, October South stood at RM2,240 a tonne lower than last Friday''s close of RM2,180 per tonne. -- Bernama

 

[anoone]

ramai gak layan future ek...

 

[thetu5]

10 lot? perli aku ka.. hoho
pelan2.. nanti setel br rancak kt sini
bj dh lama dah rancak

standardlh tu main 10 lots..tp paper trade jer,untung rugi bkn org tau taufic

 

[thetu5]

ramai gak layan future ek...

ai..dari utara smpai ke yong peng plak..kje ape kt situ?#:-S

 

[Sony_Boy]

Asian Crude Palm Oil Ends Down On Profit-Taking, Crude

KUALA LUMPUR (Dow Jones)--Crude palm oil futures on Malaysia's derivatives exchange ended lower Monday, easing from last week's rally as supportive leads from higher exports were offset by profit-taking, trade participants said. The benchmark January contract on the Bursa Malaysia Derivatives ended MYR20 lower at MYR2,218 a metric ton, after moving in a narrow MYR2,205-MYR2,235/ton range. Prices eased off towards the end of trade Monday, tracking lower soyoil and crude futures in Asian trade.

The lack of buying interest in the cash market also damped sentiment in futures trading, as prices were off intraday highs. "Many investors were liquidating positions to take profits after last week's run-up in prices. But prices were able to hold above MYR2,200 as a rise in exports gave some support," said a trading executive from a Kuala Lumpur-based commodities brokerage.

Cargo surveyor Intertek Agri Services estimated Malaysia's palm oil exports during the Oct. 1-25 period at 1.12 million tons, up 16% versus a month earlier. Another surveyor, SGS (Malaysia) Bhd., estimated the numbers at 1.11 million tons, up 6.8%. At 1013 GMT, New York Mercantile Exchange light, sweet crude oil for December delivery was trading 33 cents lower at $80.17 a barrel. CPO prices are likely to move in a MYR2,150-MYR2,300 range in the near term, said a Singapore-based trading executive.

Meanwhile, an India-based senior federal official said since August, seven Indian states have placed import orders through state-run trading companies for 346,070 tons of edible oil, including palm oil, to boost domestic supplies. Andhra Pradesh, Tamil Nadu, Maharashtra, West Bengal, Himachal Pradesh, Sikkim and Haryana will import edible oil in tranches through March 2010 to support government welfare programs. Nearly 35,000 tons have already been sent to the states as of mid-October, the official said.

The state firms will import mainly refined, bleached and deodorized palm olein from Malaysia and Indonesia at an average price of around $800/ton. Earlier this month, the Solvent Extractors' Association of India put September palm oil imports at 544,091 tons, up from 334,334 tons a year earlier. The rise in imports by India, one of the world's biggest buyers of edible oils, may boost the global prices of vegetable oils.

In the cash market, cash palm olein for January/February/March shipment traded at $700/ton, free on board Malaysian ports, a Singapore-based trading executive said. Cash CPO for prompt shipment was offered MYR20 lower at MYR2,220/ton. A total of 9,918 lots of CPO were traded on the BMD, versus 13,687 lots Friday. The open interest stood at 82,582 lots Monday, down from 83,313 lots. One lot is equivalent to 25 tons.

Closing BMD CPO futures prices in MYR/ton at 1000 GMT:

Month Close Previous Change High Low
Nov 09 2,220 2,232 -12 2,228 2,209
Dec 09 2,218 2,232 -14 2,235 2,203
Jan 10 2,218 2,238 -20 2,235 2,205
Feb 10 2,214 2,239 -25 2,237 2,210

 

[syamjpj]

nampaknya mcm sok leh shot je..go cpo..waterfall ke sungai klang..

 

[Sony_Boy]

nampaknya mcm sok leh shot je..go cpo..waterfall ke sungai klang..

letak la 10 lot, target 12 ticks cukup, heheheh..