热门标签

足彩app(www.hg108.vip):CPO futures to see profit-taking activity

时间:1个月前   阅读:2   评论:1

皇冠开户平台www.hg9988.vip)是皇冠官方开户平台,开放皇冠信用网代理申请、信用网会员开户,线上投注的官方平台。

Shipments of palm oil, which contributed 6.5% to total exports, may drop as Indonesia recently reduced its export levy for crude palm oil (CPO) to zero from US$200 (RM889) per tonne.

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend downward this week on profit-taking activities.

Interband Group of Companies senior palm oil trader Jim Teh said the price movement this week is expected to be confined between RM3,200 and RM3,700 per tonne.

“The lower forecast is mainly due to July’s high CPO stock in Malaysia and Indonesia.

“Demand is so-so (neither very good nor very bad),” he told Bernama.

,

足彩appwww.hg108.vip)是一个开放皇冠即时比分、代理最新登录线路、会员最新登录线路、皇冠代理APP下载、皇冠会员APP下载、皇冠线路APP下载、皇冠电脑版下载、皇冠手机版下载的皇冠新现金网平台。足彩app上登录线路最新、新2皇冠网址更新最快,足彩app开放皇冠会员注册、皇冠代理开户等业务。

,

The Malaysian Palm Oil Board, in its report released on Aug 10, revealed Malaysia’s CPO stocks for July 2022 rose 2.79% to 905,946 tonnes from 881,315 tonnes recorded in June 2022. Overall, palm oil stocks increased 7.71% to 1.77 million tonnes from 1.65 million tonnes in the preceding month.

He added that world uncertainties like Ukraine’s war and increasing worries about global economic slowdown coupled with inflation and recession concerns have led to performance declines in most commodity markets, including the CPO.

Meanwhile, palm oil trader David Ng is bullish in his projection of the CPO futures which he expects to trade between RM3,900 and RM4,200 per tonne.

He foresees the CPO futures to trend with upside bias given the bargain buying activities amid the weaker ringgit against the US dollar and the expectation of stronger exports in the coming weeks.


转载说明:本文转载自Sunbet。

上一篇:Telegram群组爬虫(www.tg888.vip):最新!特朗普称若再次当选将考虑赦免国会大厦骚乱参与者;拜登发表演讲抨击极端主义危害美国

下一篇:以太坊开奖:Investors take pause ahead of earnings results

网友评论