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FCPO : Info & Analysis

malu2 la pulak sony,okla atleast dah terbukak minda tuk trade menggunakan platform yg btol..sepanjang course2 yg pegi,susah nk jumpa org2 melayu join..kebanyakkan cina je yg berminat wlpn dh berumur..so harap di carigold dapat membina empayar kaum melayu bermain cpo n stock market..semoga success:)paid
 
soybean pulak...gudjob bro,ni msti dh banyak wat untung:D..go bro sony,cayuk2:)paid
 
soybean pulak...gudjob bro,ni msti dh banyak wat untung:D..go bro sony,cayuk2:)paid

kalau asyik ingat nak untung jer, nanti asyik rugi.. betulkan trading plan, pastuh follow jer.. peratikan cpo chart ngan soyabean chart.. serupa tapi tak sama..
 
Crude Palm Oil Ends Up As Crude Oil Extends Gains; Short Covering (08 Feb 2010)

Crude palm oil futures on Malaysia’s derivatives exchange ended up Monday rising as much as 1.75% to the highest level since Jan. 12 following fresh buying and short covering. Crude oil's rise to an intraday high of $72.39 a barrel amid a hiatus in the strengthening of the dollar lent support to the BMD as well, said trade participants.

The benchmark April CPO contract on the Bursa Malaysia Derivatives ended up MYR29, or 1.2%, at MYR2,550 a metric ton, close to an intraday high of MYR2,563/ton.

"Prices may continue to trade higher in the next (trading) session as some investors have turned bullish and are expecting a positive export/output report this week," said a Kuala Lumpur-based exporter.

CPO futures have declined by 5.5% since the beginning of this year due to a likely record soybean crop in South America, an indication global vegetable oil supply may outstrip demand. Palm oil prices move in tandem with soyoil prices as both compete for similar export destinations. At 0930 GMT, light, sweet crude oil on the New York Mercantile Exchange was trading $1.12 higher at $72.31 a barrel.

In other news, Indonesia's government plans to limit the amount of palm oil that can be exported in crude form within the next five years, in a bid to develop its downstream palm industry and add value to the country's economy, said Mohamad S. Hidayat, Indonesia's Industry Minister. The government will only allow 50% of palm oil to be exported in crude form starting from 2015, and will lower the cap to 30% by 2020, Hidayat said.

However, the export cap applies only to crude palm oil and not to products refined from crude palm oil, he said. "We're aiming to produce 30 different types of processed products from crude palm oil by 2014. At the moment, we are only producing 17 types," said Hidayat. Indonesia also plans to increase its annual crude palm oil output, with an output target of 40 million tons by 2020, he said.

Last year, Indonesia produced 21 million tons of crude palm oil and exported 15.5 million tons. Malaysia's CPO output declined 1% to 17.6 million tons in 2009 while exports rose 2.9% to 15.9 million tons, according to data from the Malaysian Palm Oil Board. Malaysia and Indonesia account for 41% and 46% respectively of global CPO output.

In the cash market, palm olein for April/May/June traded at $777.50/ton and July/August/September at $775/ton, said a Singapore-based trader. Open interest on the BMD was 76,779 lots Monday, up from 74,744 lots. One lot is equivalent to 25 tons. Some 15,199 lots of CPO were traded versus 15,199 lots Friday.
 
kalau asyik ingat nak untung jer, nanti asyik rugi.. betulkan trading plan, pastuh follow jer.. peratikan cpo chart ngan soyabean chart.. serupa tapi tak sama..

yupp sokong...bila piki untung,sifat tamak senang ade...

so sony boy ni lama ke bermain futures??
 
Crude Palm Oil Ends Higher For Sixth Day On Supply-Demand Outlook (09 Feb 2010)

Crude palm oil futures on Malaysia’s derivatives exchange rose for the sixth day Tuesday, amid hopes January palm oil output may have declined 13%-15% from a month earlier, trade participants said.

The benchmark April CPO contract on the Bursa Malaysia Derivatives ended up MYR11, or 0.4%, at MYR2,561 a metric ton, after rising to an intraday high of MYR2,570/ton. CPO futures last rose to this level on Jan. 12.

Palm oil inventories may have declined from December's level of 2.24 million tons to around 2.0 million tons, plantation company executives and trade participants said. Most companies have reported a decline in output, with reductions mostly between 12% and 26%, according to preliminary data from an industry association.

"A likely rise in exports to around 400,000 tons for the first 10 days in February supported CPO futures," said a Kuala Lumpur-based trading executive. Cargo surveyors put exports for the Jan. 1-10 period around 346,462-351,818 tons. Cargo surveyors and the Malaysian Palm Oil Board are expected to issue export estimates Wednesday.

Palm oil prices "will likely hold near current levels" due to rising food demand from major vegetable oils buyers China and India, and the increasing use of biofuels, rating agency Fitch said in a report. "Consumption in populous countries, such as China and India, is expected to continue to drive demand growth for crude palm oil, while further support could come from potentially higher biodiesel mandates following the upturn in oil prices," it said. China's palm oil imports in February are likely to rise 1.5% to 355,787 tons from 350,636 tons in January, according to a forecast by China's Commerce Ministry.

In the cash market, palm olein for April/May/June traded at $777.50/ton and $780/ton, said a Singapore-based trader. Cash CPO for prompt shipment was offered MYR5 higher at MYR2,580/ton. Open interest on the BMD was 76,079 lots Tuesday, down from 76,779 lots. One lot is equivalent to 25 tons. Some 15,505 lots of CPO were traded versus 15,199 lots Monday.
 
Asian Crude Palm Oil Ends Up; Off Lows As MPOB Data Caps Losses (10 Feb 2010)

Crude palm oil futures on Malaysia's derivatives exchange rose marginally, extending its run for a seventh day on short covering and bullish supply-demand data.

The benchmark April CPO contract on the Bursa Malaysia Derivatives ended MYR2 higher at MYR2,563 a metric ton, after spending most of the two sessions trading sideways.

Data released Wednesday by the government-linked Malaysian Palm Oil Board showed lower palm oil output and inventory levels for January, lifting prices despite selling pressure in external markets, trade participants said. "While the January data fell within market expectations, most investors are expecting February's output to be lower by 15%-18%," and that helped to keep prices in positive territory, said S Paramalingam, executive director at Kuala Lumpur-based brokerage Pelindung Bestari Sdn Bhd.

Palm oil inventories declined to 2.0 million tons in January, with output falling to a nine-month low at 1.32 million tons, MPOB said in its monthly report. Many traders said the bullish MPOB data, which had been widely anticipated before its release, had already been factored into prices Tuesday, when the market rose to an intraday high of MYR2,570, its highest level since Jan. 12.

MPOB also reported that CPO exports had risen 19.4% to 1.46 million tons in January. Cargo surveyors Intertek Agri Services put Feb. 1-10 exports at 370,727 tons, up 5.4% on month. Another surveyor, SGS (Malaysia) Bhd., put exports at 410,459 tons.

Palm oil prices may stay in a MYR2,500-MYR2,600/ton range for the next two weeks as lower output in February should mean tighter palm oil stocks, a trading executive at a Kuala Lumpur-based commodities brokerage said.

March soyoil futures on the Chicago Board of Trade traded lower during Asian trading hours as the U.S. Department of Agriculture report released Tuesday failed to lift the market, traders said. March soyoil fell as much as 39 points to 37.99 cents a pound on e-CBOT. The March contract was trading 21 points lower at 38.17 cents/pound by the end of trade on BMD.

The USDA projected 2009-10 soybean ending stocks of 210 million bushels, down 35 million from the January estimate of 245 million, but it raised Brazil's soybean production for Brazil at 66 million tons, up 1 million tons from last month due to higher yields.

In the cash market, palm olein for April/May/June traded at $780/ton, $782.50/ton and $780/ton, said a Singapore-based trader. Cash CPO for prompt shipment was offered unchanged at MYR2,580/ton. Open interest on the BMD was 77,648 lots Wednesday, up from 76,079 lots. One lot is equivalent to 25 tons. Some 11,661 lots of CPO were traded versus 15,505 lots Tuesday.
 
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