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China s palm oil futures no threat for now

China s palm oil futures no threat for now
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Kuala lumpurChina dalian commodity exchangeInterband group of companiesDalian commodity exchangeBursa malaysia derivativesInterband groupJim tehகுவாலா லம்பூர்சீனா டேலியன் பண்டம் பரிமாற்றம்டேலியன் பண்டம் பரிமாற்றம்ஜிம் தே

Quiet trading for CPO futures next week

Interband Group of Companies senior palm oil trader Jim Teh said the price would likely trade between RM3,350 and RM3,450 per tonne. KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see quiet trading or retreat next week on mild profit-taking, as traders will go on leave for the Christmas and New Year celebration, a dealer said. Interband Group of Companies senior palm oil trader Jim Teh said the price would likely trade between RM3,350 and RM3,450 per tonne. Similar to the yearly scenario, we will come across some window-dressing activity by public-listed companies and this would help push up the edible oil’s prices as we move towards end of the year, ” he told Bernama.

Kuala lumpurUnited statesSathia varqaRoyal malaysian customs departmentInterband group of companiesPalm oil analyticBursa malaysia derivativesNew yearJim tehSingapore based palm oil analyticJanuary southகுவாலா லம்பூர்ஒன்றுபட்டது மாநிலங்களில்அரச மலேசியன் சுங்க துறைபனை எண்ணெய் பகுப்பாய்வுபுதியது ஆண்டு

CPO futures likely to consolidate next week with bouts of profit-taking

11:15 AM MYT KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to consolidate further next week with bouts of profit-taking as most of international traders will take a leave for the Christmas celebration and year-end holiday. Interband Group of Companies senior palm oil trader Jim Teh said the price would likely move between RM3,300 and RM3,350 per tonne. This is the best price performance for year 2020, he told Bernama, adding that next week is a short day trading week due to the Christmas celebration. For the week just ended, the CPO price was mostly higher, influenced by better demand for the commodity, the overnight rally in Chicago bean oil, as well as expectations of stronger exports and weaker production.

Kuala lumpurUnited statesInterband group of companiesBursa malaysia derivativesJim tehJanuary southகுவாலா லம்பூர்ஒன்றுபட்டது மாநிலங்களில்ஜிம் தேஜனவரி தெற்கு

CPO futures likely to trade range-bound next week

11:01 AM MYT KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound next week at between RM3,200 and RM3,300 per tonne, said a dealer. Interband Group of Companies senior palm oil trader Jim Teh said demand in the market is likely to be subdued as most of the international palm oil traders would have gone on leave for Christmas and year-end leave. However, this is seen to be a yearly affair not only for demand but also lower production due to the wet weather,” he told Bernama. Meanwhile, MIDF in its research note maintained a neutral rating on the plantation sector as the palm oil supply tightness is expected to remain until year-end, given the weaker output during the post-peak production period.

Kuala lumpurInterband group of companiesMalaysian palm oil boardBursa malaysia derivativesJim tehDecember southகுவாலா லம்பூர்மலேசியன் பனை எண்ணெய் பலகைஜிம் தேடிசம்பர் தெற்கு