Sony_Boy
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BMD CPO Futures Off Lows; Exports Cap Losses
[Dow Jones] BMD CPO futures down but off lows as improved palm oil export data provide some support, traders say. Most investors take main cue from lower soyoil, crude oil prices and "are betting on a downtrend in CPO prices for the rest of the trading session today," Singapore-based trading executive says; adds market awaits another set of export data from surveyor SGS. Benchmark BMD May CPO futures trading MYR25 lower midday at MYR2,624/ton off intraday low at MYR2,618/ton.
*Malaysia March 1-15 Palm Oil Exports Up 18% On Month -Intertek
*Malaysia March 1-15 Palm Oil Exports Up 5.1% On Month -SGS
[Dow Jones] BMD CPO futures down but off lows as improved palm oil export data provide some support, traders say. Most investors take main cue from lower soyoil, crude oil prices and "are betting on a downtrend in CPO prices for the rest of the trading session today," Singapore-based trading executive says; adds market awaits another set of export data from surveyor SGS. Benchmark BMD May CPO futures trading MYR25 lower midday at MYR2,624/ton off intraday low at MYR2,618/ton.
*Malaysia March 1-15 Palm Oil Exports Up 18% On Month -Intertek
*Malaysia March 1-15 Palm Oil Exports Up 5.1% On Month -SGS
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