FCPO : Info & Analysis

[Sony_Boy]

sebenarnye aku dok tertanya tanya dari haritu . ape sebenarnye fungsi dan objective dan manfaat article yg bro sony boy post tiap hari kat sini yg berbahasa english ni . aku dok cuba pahamkan tp still tak faham .

bro sony boleh terangkan secara detail tak ? maaf jika terpaksa tanya soalan ***** ni

market news citer apa yg berlaku semasa trading day pada hari tuh, mcm saya post dulu - kenaikan dan penurunan stock level, export, US Dollar, minyak soya, minyak mentah, Dalian Commodity Exchange (DCE), dan cuaca, semua berkait rapat dengan pergerakan harga CPO..

traders nih ada mcm2 style; scalping, momentum, technical, fundamental, swing.. tu pasal sifu2 cakap kalau nak masuk mana instrument kena ada game plan.. sendiri kena tau, bukan orang lain bagitau.. takut nak loss, tu pasal la skim cepat kaya tak penah susut, nak duk lenggang jer hari2 duit masuk.. )))

bahan bacaan melayu pasal CPO memang kurang.. carilah sapa2 yg bukak kelas..

 

[Sony_Boy]

bro sony,

any idea best time to buy?

immediate term market tgh bear.. belum ada tanda nak buy..

 

[Sony_Boy]

Asian Crude Palm Oil Ends Down 1.3% On Profit-Taking; May Fall More (22 Jan 2010)

Crude palm oil futures on Malaysia's derivatives exchange ended lower Friday following profit-taking amid fears over tightening of monetary policy by China's and a broad-based selloff in most asset classes.

The benchmark April CPO contract on the Bursa Malaysia Derivatives ended MYR33 or 1.3% lower at MYR2,488 a metric ton, after trading in a MYR2,447-MYR2,483/ton range.

Prices briefly moved into positive territory in the afternoon amid technically-inspired buying interest, rising to an intraday high of MYR2,483/ton, said a Kuala Lumpur-based broker. But they quickly gave up the gains as a strengthening dollar and fears of waning Chinese palm oil demand pummelled the market, traders said.

Many trade participants said CPO prices may extend the downtrend in the next trading session, with prices likely to fall to MYR2,350-MYR2,400. China's Ministry of Commerce Friday forecast the country's February palm oil purchases may fall 39% from January to 176,147 tons.

News of a rise in exports and talks of a double-digit percentage drop in Malaysia's overall palm oil output for the Jan. 1-20 period supported prices above MYR2,400 in today's trade. An industry body put overall the palm oil output decline at 14% on month in January, with the key oil palm producing state of Sabah registering a sharp decline of 17% for the same period. Exports in the Jan. 1-25 period are being forecast 16%-18% higher at 1.18 million tons, said a cargo executive in Malaysia. Cargo surveyors are likely to announce figures Monday.

Even though prices are off lows, the longer-term view of the vegetable oils market remains bearish, with global stocks estimated to rise 3% in the 2009-10 season year, "setting the scene for another lackluster year of price performance in comparison to recent seasons," according to a Rabobank research note.

In the cash market, palm olein for February was offered April/May/June was traded at $770/ton, July/August/September at $765/ton, a Singapore-based trader said. Cash CPO for prompt delivery was offered MYR20 lower at MYR2,480/ton. Open interest on the BMD was 74,069 lots, down from 73,121 lots traded Wednesday. One lot is equivalent to 25 tons. A total of 18,670 lots of CPO were traded versus 18,226 lots Tuesday.

 

[azroy12]

Berminat nak belajar CPO ni.Tapi xtahu dari mana nak mula..Ada sesiapa yg sudi ajar atau ada buat kelas untuk CPO ni x?Banyak link2 yg di rekomenkan sblm ni dah xbuat kelas CPO lagi..huhuh..
Ermmm..Ada gang2 yang main CPO ni area kuantan x?kalau ada leh share.Tq

 

[Sony_Boy]

Berminat nak belajar CPO ni.Tapi xtahu dari mana nak mula..Ada sesiapa yg sudi ajar atau ada buat kelas untuk CPO ni x?Banyak link2 yg di rekomenkan sblm ni dah xbuat kelas CPO lagi..huhuh..
Ermmm..Ada gang2 yang main CPO ni area kuantan x?kalau ada leh share.Tq

cuba PM bro putra78 kot2 dia ada geng buat kelas..

 

[Sony_Boy]

Crude Palm Oil Ends Up On Higher Exports, Lower Output (25 Jan 2010)

Crude palm oil futures on Malaysia’s derivatives exchange ended up Monday due to higher exports and a likely decline in production, trade participants said.

The benchmark April CPO contract on the Bursa Malaysia Derivatives ended MYR14 higher at MYR2,469 a metric ton, after trading in a range of MYR2,460-MYR2,488.

Malaysia's palm oil exports during Jan. 1-25 were estimated to be higher than during the same period last month. Cargo surveyor Intertek Agri Services estimated exports at 1.21 million tons, up 21%. Cargo surveyor SGS (Malaysia) Bhd. also estimated exports at 1.21 million tons. Both estimates were above market expectations of an 18% gain to 1.18 million tons.

The increase in exports comes as production is expected to fall. The Malaysian Palm Oil Association said palm oil production in January dropped 14% from the previous month, with output in the key oil-palm-producing state of Sabah registering a sharp fall of 17%. "With exports on the rise and production on the decline, we should see a draw-down in stocks. CPO prices may be able to return to MYR2,500 levels," a Kuala Lumpur-based trader said.

In the cash market, palm olein for February offered for April/May/June was traded at $771/ton, and July/August/September at $770/ton, a Singapore-based trader said. Cash CPO for prompt delivery was offered MYR10 lower at MYR2,470/ton. Open interest on the BMD was 75,690 lots, up from 74,069 lots traded Friday. One lot is equivalent to 25 tons. A total of 10,865 lots of CPO were traded versus 18,670 lots Friday.

 

[Sony_Boy]

Crude Palm Oil Ends At 9-Week Low On Profit-Taking (26 Jan 2010)

Crude palm oil futures on Malaysia’s derivatives exchange ended Tuesday at its lowest level since Nov. 20 as investors took profit amid worries over China's possible limits on bank lending and selling pressure in commodity markets, trade participants said.

The benchmark April CPO contract on the Bursa Malaysia Derivatives ended MYR62, or 2.5%, lower at the intraday low of MYR2,407 a metric ton.

Investors fear that China may further tighten monetary policy, and that is hurting market sentiment, a Kuala Lumpur-based trading executive said. "The other factor that is pushing down CPO prices is the likely record soybean crop from South America, which prompted investors to liquidate their positions to take profit."

Even though Malaysia's exports improved during the first 25 days of January, ample supply in global vegetable oils markets may push palm oil prices to the MYR2,350 level, a Malaysia-based exporter said. Cargo surveyors put Malaysia palm oil exports for the Jan. 1-25 period at 1.21 million tons.

Soyoil prices have mostly declined over the last 15 days due to the prospects for big soybean crops, narrowing palm oil's discount to soyoil to around $91/ton from $120/ton. March soyoil on the Chicago Board of Trade was trading 16 points lower at 36.34 cents a pound at the end of trading on the BMD.

"Palm's fundamentals aren't price-supportive. With palm inventories likely to maintain above 2 million tons, prices are likely to remain at current levels or decline to test support at MYR2,350-MYR2,360," an analyst in Singapore said.

In the cash market, palm olein for February shipment traded at $750/ton, March at $760/ton, and April/May/June at $752.50, $755, $760 and $765/ton. July/August/September traded at $755/ton, free-on-board Malaysian ports, a Singapore-based trader said. Cash CPO for prompt delivery was offered MYR30 lower at MYR2,440/ton. Open interest on the BMD was 72,657 lots, down from 75,690 lots traded Monday. One lot is equivalent to 25 tons. A total of 23,684 lots of CPO were traded versus 10,865 lots Monday.

 

[pg01]

Kelas CPO

Bro Putra..
Bila mahu buat kelas CPO lagi.Ramai mau join..termasuklah saya

 

[Sony_Boy]

Crude Palm Oil Ends Up; Likely Higher Exports, Lower Output (28 Jan 2010)

Crude palm oil futures on Malaysia’s derivatives exchange ended higher Thursday as investors covered shorts on a likely rise in exports in January. Talk of lower output in Indonesia, the world’s largest CPO producer, and a fall in Malaysia’s palm oil production prevented prices from sliding below MYR2,400 a metric ton, said trade participants.

The benchmark April CPO contract on the Bursa Malaysia Derivatives ended MYR22 higher at MYR2,451/ton, close to an intraday high of MYR2,475/ton.

The contract opened lower on long liquidation but quickly moved into positive territory and further extended gains during the afternoon session. "Speculators are expecting cargo surveyors to issue bullish export data. Prices are also up as some have squared-off positions ahead of the long weekend," said a Malaysia-based exporter. Markets will be closed Monday for Federal Territory Day.

Cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. are expected to issue export data for January Monday, despite the holiday. If soyoil and crude oil futures are positive overnight, CPO prices could even test MYR2,500/ton Friday, said a Kuala Lumpur-based broker. March soyoil was trading 29 points higher at 36.61 cents a pound by the end of trade on BMD.

Analysts said lower CPO output in the first six months of 2010 will likely reduce palm oil inventories in Malaysia. This may raise CPO prices as demand for the vegetable oil improves in tandem with the global economic recovery. With Malaysia's replanting program covering 200,000 hectares of plantation land to be carried out in 2010, CPO output is expected to decline, said an analyst at BNP Paribas.

Lower output in January may prevent a buildup in palm oil inventories and improved exports may reduce stocks to around 2 million tons, said an analyst in Kuala Lumpur. Palm reserves were around 2.24 million tons in December.

In the cash market, palm olein for April/May/June traded at $752.50/ton, free-on-board Malaysian ports, said a Singapore-based trader. Cash CPO for prompt delivery was offered MYR30 higher at MYR2,480/ton. Open interest on the BMD was 73,347 lots, down from 73,799 lots traded Wednesday. One lot is equivalent to 25 tons. A total of 15,763 lots of CPO were traded versus 20,285 lots Wednesday.

 

[Sony_Boy]

Crude Palm Oil Ends MYR9 Down At MYR2,442/Ton After Volatile Trade (29 Jan 2010)

Crude palm oil futures on Malaysia's derivatives exchange ended lower in choppy trade Friday tracking long liquidation amid concerns of credit tightening by Chinese banks.

The benchmark April CPO contract on the Bursa Malaysia Derivatives ended MYR6 lower at MYR2,445 a metric ton after moving in both positive and negative territory.

The contract rose in afternoon trade to an intraday high of MYR2,467/ton tracking a likely rise in January exports to around 1.41 million-1.5 million tons but gave up gains towards the end of trade. "Investors are very concerned that the Chinese government may increase interest rates very soon. That damped sentiment even though Malaysia's palm oil exports in January is tipped to be higher," said a Hong Kong-based trading executive.

Cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd., put exports at 1.20-1.21 million tons in December. Both cargo surveyors are expected to issue export data Monday even though markets will be closed Monday for Federal Territory Day. Many among trade participants said palm oil's supply and demand fundamentals have turned a tad positive as production has declined amid improving export demand.

"The export growth momentum is expected to continue into February amid likely lower output next month" in tandem with the lower CPO output trend in the first six months of 2010, said a senior executive from Kuala Lumpur-based brokerage. He said prices may rise to MYR2,500 in February as a decline in CPO output, higher demand for palm oil may prevent a build-up in palm oil inventories in Malaysia. Palm reserves were around 2.24 million tons in December.

In the cash market, palm olein for April/May/June traded at $750/ton and $755/ton, free on board Malaysian ports, said a Singapore-based trader. Cash CPO for prompt delivery was offered MYR10 lower at MYR2,470/ton. Open interest on the BMD was 74,003 lots, up from 73,347 lots traded Thursday. One lot is equivalent to 25 tons. A total of 14,890 lots of CPO were traded versus 15,763 lots Wednesday.