syamjpj
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tak berani beb..hati tak stable..market pn tinggal ikan2 yg dh busuk2..tunggu ikan baru sampai dulu..hehe
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FCPO : Info & Analysis
- Thread starter taufic
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Sony_Boy
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Asian CPO Ends Down On Rising Stocks; Off Lows On Crude Oil
KUALA LUMPUR (Dow Jones)--Crude palm oil futures on Malaysia's derivatives exchange eased lower Tuesday amid selling pressure, rising inventories and sluggish exports, trade participants said. The benchmark January contract on the Bursa Malaysia Derivatives settled down MYR48, or 2.2% lower, at MYR2,170 a metric ton, after moving in a narrow MYR2,152-MYR2,200/ton range.
Prices were mostly stuck in sideways trade for most of the trading session, but late profit-taking and long liquidation pushed prices to fall as much as 3% to MYR2,152. Traders are expecting Malaysia' palm oil output this month to outpace export demand, rising at least 15% higher from September's production of 1.56 million tons.
Sluggish exports may push Malaysia's end-month palm oil stocks to 1.6 million-1.8 million tons, said an executive from Malaysia-based plantation company. Indonesia's stocks are expected to be even higher, rising above 2 million tons, said a Singapore-based trading executive.
"Investors lack confidence and are liquidating positions," said a trader in Kuala Lumpur. He pegged support at MYR2,150, then MYR2,108 in the near term. But prices were supported by strengthening crude oil prices during Asian trading hours, while Tuesday's fall widened CPO's discount to soyoil prices, traders said.
After closing $1.82 lower overnight on the New York Mercantile Exchange, light, sweet crude for December delivery rebounded 30 cents higher to $78.98 a barrel at 1012 GMT.
In the cash market, cash palm olein for January/February/March shipment was earlier traded at $685/ton and $687.50/ton and April/May/June was traded free on board Malaysian ports, a Singapore-based trading executive said. Cash CPO for prompt shipment was offered MYR30 lower at MYR2,190/ton. A total of 12,926 lots of CPO were traded on the BMD, versus 9,918 lots Monday.
The open interest stood at 82,439 lots Tuesday, down from 82,582 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 2,167 2,218 -51 2,194 2,164
Dec 09 2,167 2,218 -51 2,193 2,150
Jan 10 2,170 2,218 -48 2,200 2,152
Feb 10 2,172 2,214 -42 2,203 2,159
KUALA LUMPUR (Dow Jones)--Crude palm oil futures on Malaysia's derivatives exchange eased lower Tuesday amid selling pressure, rising inventories and sluggish exports, trade participants said. The benchmark January contract on the Bursa Malaysia Derivatives settled down MYR48, or 2.2% lower, at MYR2,170 a metric ton, after moving in a narrow MYR2,152-MYR2,200/ton range.
Prices were mostly stuck in sideways trade for most of the trading session, but late profit-taking and long liquidation pushed prices to fall as much as 3% to MYR2,152. Traders are expecting Malaysia' palm oil output this month to outpace export demand, rising at least 15% higher from September's production of 1.56 million tons.
Sluggish exports may push Malaysia's end-month palm oil stocks to 1.6 million-1.8 million tons, said an executive from Malaysia-based plantation company. Indonesia's stocks are expected to be even higher, rising above 2 million tons, said a Singapore-based trading executive.
"Investors lack confidence and are liquidating positions," said a trader in Kuala Lumpur. He pegged support at MYR2,150, then MYR2,108 in the near term. But prices were supported by strengthening crude oil prices during Asian trading hours, while Tuesday's fall widened CPO's discount to soyoil prices, traders said.
After closing $1.82 lower overnight on the New York Mercantile Exchange, light, sweet crude for December delivery rebounded 30 cents higher to $78.98 a barrel at 1012 GMT.
In the cash market, cash palm olein for January/February/March shipment was earlier traded at $685/ton and $687.50/ton and April/May/June was traded free on board Malaysian ports, a Singapore-based trading executive said. Cash CPO for prompt shipment was offered MYR30 lower at MYR2,190/ton. A total of 12,926 lots of CPO were traded on the BMD, versus 9,918 lots Monday.
The open interest stood at 82,439 lots Tuesday, down from 82,582 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 2,167 2,218 -51 2,194 2,164
Dec 09 2,167 2,218 -51 2,193 2,150
Jan 10 2,170 2,218 -48 2,200 2,152
Feb 10 2,172 2,214 -42 2,203 2,159
Sony_Boy
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main waterfall petang tadi syok gak, hhehe..
syamjpj
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paida la tak sempat la nak masuk..test time pagi air terjun sejuk jer sekali dia terjun ptg la plak.. ~X(
Sony_Boy
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Asian CPO Falls For 3rd Day On Selling Pressure, Commodities
KUALA LUMPUR (Dow Jones)--Crude palm oil futures on Malaysia's derivatives exchange fell for the third day Wednesday, tumbling as much as 1.3% on selling pressure amid weakness across commodity markets, including soyoil and crude, said trade participants. The benchmark January contract on the Bursa Malaysia Derivatives ended down MYR18 at MYR2,152 a metric ton, after moving in MYR2,140-MYR2,186/ton range.
Palm oil prices started the day higher but slipped into negative territory at midmorning as a rebound in the dollar halted a rally in commodity markets, including palm oil, trade participants said. Prices eased further in afternoon trade as investors continued to liquidate positions to take profit. "Prices tested a strong support level at MYR2,150. Traders may want to push prices to MYR2,106 in the near term before buying back again," said a senior executive from a Kuala Lumpur-based commodities brokerage.
Traders said the decline in crude prices weighed on CPO futures. At 1019 GMT, light, sweet crude for December on the New York Mercantile Exchange was trading 77 cents lower at $78.77 a barrel. December soyoil futures on the Chicago Board of Trade was down 18 points at 37.30 cents a pound towards the end of trade on the BMD. External cues and domestic fundamentals are both bearish for the palm oil market, traders said.
High stocks will continue to weigh on prices for the next month, said an exporter in Malaysia. Traders' talk put Malaysia's end-October palm reserves at 1.7 million-1.8 million metric tons. Stocks last rose to 1.80 million-ton levels in January this year, to 1.83 million tons, according to Malaysian Palm Oil Board statistics.
In the cash market, trades for April/May/June shipment was robust, said a cash broker in Kuala Lumpur; adds palm products were traded several times at $680-$690/ton levels. Cash palm olein for November traded $677.50/ton, January/February/March at $677.50/ton and April/May/June at $687.50, free on board Malaysian ports, a Singapore-based trading executive said. Cash CPO for prompt shipment was offered MYR30 lower at MYR2,160/ton.
A total of 18,074 lots of CPO were traded on the BMD, versus 12,926 lots Tuesday. The open interest stood at 82,330 lots Wednesday, down from 82,439 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 2,150 2,167 -17 2,179 2,131
Dec 09 2,150 2,167 -17 2,180 2,134
Jan 10 2,152 2,170 -18 2,186 2,140
Feb 10 2,157 2,172 -15 2,190 2,147
KUALA LUMPUR (Dow Jones)--Crude palm oil futures on Malaysia's derivatives exchange fell for the third day Wednesday, tumbling as much as 1.3% on selling pressure amid weakness across commodity markets, including soyoil and crude, said trade participants. The benchmark January contract on the Bursa Malaysia Derivatives ended down MYR18 at MYR2,152 a metric ton, after moving in MYR2,140-MYR2,186/ton range.
Palm oil prices started the day higher but slipped into negative territory at midmorning as a rebound in the dollar halted a rally in commodity markets, including palm oil, trade participants said. Prices eased further in afternoon trade as investors continued to liquidate positions to take profit. "Prices tested a strong support level at MYR2,150. Traders may want to push prices to MYR2,106 in the near term before buying back again," said a senior executive from a Kuala Lumpur-based commodities brokerage.
Traders said the decline in crude prices weighed on CPO futures. At 1019 GMT, light, sweet crude for December on the New York Mercantile Exchange was trading 77 cents lower at $78.77 a barrel. December soyoil futures on the Chicago Board of Trade was down 18 points at 37.30 cents a pound towards the end of trade on the BMD. External cues and domestic fundamentals are both bearish for the palm oil market, traders said.
High stocks will continue to weigh on prices for the next month, said an exporter in Malaysia. Traders' talk put Malaysia's end-October palm reserves at 1.7 million-1.8 million metric tons. Stocks last rose to 1.80 million-ton levels in January this year, to 1.83 million tons, according to Malaysian Palm Oil Board statistics.
In the cash market, trades for April/May/June shipment was robust, said a cash broker in Kuala Lumpur; adds palm products were traded several times at $680-$690/ton levels. Cash palm olein for November traded $677.50/ton, January/February/March at $677.50/ton and April/May/June at $687.50, free on board Malaysian ports, a Singapore-based trading executive said. Cash CPO for prompt shipment was offered MYR30 lower at MYR2,160/ton.
A total of 18,074 lots of CPO were traded on the BMD, versus 12,926 lots Tuesday. The open interest stood at 82,330 lots Wednesday, down from 82,439 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 2,150 2,167 -17 2,179 2,131
Dec 09 2,150 2,167 -17 2,180 2,134
Jan 10 2,152 2,170 -18 2,186 2,140
Feb 10 2,157 2,172 -15 2,190 2,147
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syamjpj
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thanks bro sony_boy
Sony_Boy
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Asia CPO Ends Up On Likely Recovery In Exports, Crude Oil
KUALA LUMPUR (Dow Jones)--Crude palm oil futures on Malaysia's derivatives exchange rebounded Thursday, led by gains in commodities markets and due to projections of a marginal rise in export numbers, said trade participants. The benchmark January contract on the Bursa Malaysia Derivatives ended MYR37 or 1.7% higher at MYR2,189 a metric ton after moving in a MYR2,130-MYR2,195/ton range.
Traders and shipping executives said Malaysia's palm oil exports for October may rise 10%-14% on month. Cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. put September's exports at 1.23 million and 1.27 million tons, respectively.
Prices tumbled at the start of trading on overnight losses in crude and soyoil, but talk of a likely rise in exports trickled in, leading to a recovery in palm oil futures in the afternoon session.
Many investors also covered their shorts toward the end of trade on the BMD, taking their lead from a rise in commodity markets. Light, sweet crude for December delivery on the New York Mercantile Exchange remained in positive territory in the afternoon, trading 32 cents higher at $77.78 a barrel at 1007 GMT.
December soyoil on the Chicago Board of Trade was 30 points higher at 37.16 cents a pound by the end of trading on the BMD. The vessel line-up at East Malaysian ports has been fairly strong over the past few days, said a Kuala Lumpur-based shipping executive with operations in East Malaysia, indicating importers may have stepped up purchases when palm oil prices declined.
Cargo surveyors are expected to issue end-October export data Monday. But even as exports may rise in October, gains on the BMD were capped by a likely rise in palm oil stocks, said traders. "Even though market rumors of a rise in exports to 1.4 million tons are encouraging, the market is still fixated on ballooning stocks as (palm oil) production rises," said a senior executive from a Kuala Lumpur-based commodities brokerage.
Cash palm olein for January/February/March traded at $665/ton and $670/ton, free on board Malaysian ports, said a Singapore-based trading executive. He added that the bid-offer gap was about $7.50 apart. Cash CPO for prompt shipment was offered MYR20 higher at MYR2,180/ton.
A total of 14,429 lots of CPO were traded on the BMD versus 18,074 lots Wednesday. Open interest stood at 84,210 lots Thursday, up from 82,330 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 2,179 2,150 +29 2,179 2,129
Dec 09 2,170 2,150 +20 2,184 2,125
Jan 10 2,189 2,152 +37 2,195 2,130
Feb 10 2,199 2,157 +42 2,201 2,138
KUALA LUMPUR (Dow Jones)--Crude palm oil futures on Malaysia's derivatives exchange rebounded Thursday, led by gains in commodities markets and due to projections of a marginal rise in export numbers, said trade participants. The benchmark January contract on the Bursa Malaysia Derivatives ended MYR37 or 1.7% higher at MYR2,189 a metric ton after moving in a MYR2,130-MYR2,195/ton range.
Traders and shipping executives said Malaysia's palm oil exports for October may rise 10%-14% on month. Cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. put September's exports at 1.23 million and 1.27 million tons, respectively.
Prices tumbled at the start of trading on overnight losses in crude and soyoil, but talk of a likely rise in exports trickled in, leading to a recovery in palm oil futures in the afternoon session.
Many investors also covered their shorts toward the end of trade on the BMD, taking their lead from a rise in commodity markets. Light, sweet crude for December delivery on the New York Mercantile Exchange remained in positive territory in the afternoon, trading 32 cents higher at $77.78 a barrel at 1007 GMT.
December soyoil on the Chicago Board of Trade was 30 points higher at 37.16 cents a pound by the end of trading on the BMD. The vessel line-up at East Malaysian ports has been fairly strong over the past few days, said a Kuala Lumpur-based shipping executive with operations in East Malaysia, indicating importers may have stepped up purchases when palm oil prices declined.
Cargo surveyors are expected to issue end-October export data Monday. But even as exports may rise in October, gains on the BMD were capped by a likely rise in palm oil stocks, said traders. "Even though market rumors of a rise in exports to 1.4 million tons are encouraging, the market is still fixated on ballooning stocks as (palm oil) production rises," said a senior executive from a Kuala Lumpur-based commodities brokerage.
Cash palm olein for January/February/March traded at $665/ton and $670/ton, free on board Malaysian ports, said a Singapore-based trading executive. He added that the bid-offer gap was about $7.50 apart. Cash CPO for prompt shipment was offered MYR20 higher at MYR2,180/ton.
A total of 14,429 lots of CPO were traded on the BMD versus 18,074 lots Wednesday. Open interest stood at 84,210 lots Thursday, up from 82,330 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 2,179 2,150 +29 2,179 2,129
Dec 09 2,170 2,150 +20 2,184 2,125
Jan 10 2,189 2,152 +37 2,195 2,130
Feb 10 2,199 2,157 +42 2,201 2,138
Sony_Boy
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Asian Crude Palm Oil Ends Above MYR2,200 On Rise In Exports
miss 30min chart golden ratio tapi alhamdulillah lepas 15 ticks arini.. market semalam pun dah tunjuk bullish engulfing.
KUALA LUMPUR (Dow Jones)--Crude palm oil futures on Malaysia's derivatives exchange ended up Friday above MYR2,200 for the first time since Oct. 26 amid expectations of a 5%-10% increase in October exports versus September and the overnight rise in crude and soyoil prices, traders said.
The benchmark January contract on the Bursa Malaysia Derivatives ended MYR19 higher at MYR2,208 a metric ton after moving in a MYR2,165-MYR2,208/ton range. Traders said Malaysia's overall palm oil exports may rise to 1.33 million-1.42 million tons as importers have been replenishing stocks ahead of the winter season.
Cargo surveyors put palm oil exports in September at 1.23 million-1.27 million tons. CPO futures have mostly traded in a MYR2,130-MYR2,250 range in the past 15 days.
miss 30min chart golden ratio tapi alhamdulillah lepas 15 ticks arini.. market semalam pun dah tunjuk bullish engulfing.
KUALA LUMPUR (Dow Jones)--Crude palm oil futures on Malaysia's derivatives exchange ended up Friday above MYR2,200 for the first time since Oct. 26 amid expectations of a 5%-10% increase in October exports versus September and the overnight rise in crude and soyoil prices, traders said.
The benchmark January contract on the Bursa Malaysia Derivatives ended MYR19 higher at MYR2,208 a metric ton after moving in a MYR2,165-MYR2,208/ton range. Traders said Malaysia's overall palm oil exports may rise to 1.33 million-1.42 million tons as importers have been replenishing stocks ahead of the winter season.
Cargo surveyors put palm oil exports in September at 1.23 million-1.27 million tons. CPO futures have mostly traded in a MYR2,130-MYR2,250 range in the past 15 days.
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