APSRI Trader's Forum Forum Index APSRI Trader's Forum
Expert trading in FX & Futures markets
FAQFAQ SearchSearch MemberlistMemberlist UsergroupsUsergroups RegisterRegister
SubscriptionSubscription TransactionsTransactions ProfileProfile Log in to check your private messagesLog in to check your private messages Log inLog in

Weekly CPO Forecast 28 Apr 2 May

 
Post new topic   Reply to topic    APSRI Trader's Forum Forum Index -> Crude Palm Oil (CPO) Malaysia
View previous topic :: View next topic  
Author Message
hc
Senior Member


Joined: 24 Oct 2007
Posts: 364
Location: KL, M'sia

PostPosted: Sun Apr 27, 2014 8:53 pm    Post subject: Weekly CPO Forecast 28 Apr 2 May Reply with quote

Dear Traders & Investors,

Good day everyone !

Crude Palm Oil (FCPO) on Bursa Derivatives closed almost unchanged on Friday as market sentiment remained neutral. Market is still looking for direction as supply may contract in coming months. The July contract ended at 2660 in mixed sentiment. This week, we predict support will sit on 2630 levels while escalation is possible to drive the demand up at 2750 areas. However, beware of breaking below 2630 as this might return back to 2600 benchmarks!

Have great week ahead ! Very Happy

On Behalf of Dar Wong.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    APSRI Trader's Forum Forum Index -> Crude Palm Oil (CPO) Malaysia All times are GMT + 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group