热门标签

足彩投注比例(www.99cx.vip):CPO futures likely to see profit-taking activities next week

时间:3周前   阅读:2   评论:1

usdt接口平台www.trc20.vip)是使用TRC-20协议的Usdt第三方支付平台,Usdt收款平台、Usdt自动充提平台。免费提供入金通道、Usdt钱包支付接口、Usdt自动充值接口、Usdt寄售回收。菜宝Usdt钱包一键生成Usdt钱包、一键调用API接口、一键出售Usdt。

DO NOT RE-USE, STRICTLY FOR PALM PORTRAITS PHOTOGRAPHY CONTEST. Image provided by the Malaysian Palm Oil Council. Bountiful Harvest, Nature’s Pride: A bountiful harvest of oil palm fruits, nature’s pride. Photo by Chow Kok Cheng

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

Interband Group of Companies senior palm oil trader Jim Teh said the price movement next week is expected to confine 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.

The Malaysian Palm Oil Board (MPOB), in its report released on Aug 10, revealed Malaysia’s CPO stocks for July 2022 rose 2.79 per cent to 905,946 tonnes from 881,315 tonnes recorded in June 2022.

Overall, palm oil stocks increased 7.71 per cent 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.

,

足彩投注比例www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。足彩投注比例上足球分析专家数据更新最快。足彩投注比例开放皇冠官方会员注册、皇冠官方代理开户等业务。

,

Meanwhile, palm oil trader David Ng is a bit 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.

On a Friday-to-Friday basis, the spot month September 2022 decreased RM315 to RM4,090 a tonne, October 2022 lost RM306 to RM4,101 a tonne, November 2022 was RM318 lower at RM4,093 a tonne, and December 2022 declined RM329 to RM4,103 a tonne.

January 2023 was down by RM342 to RM4,132 and February 2023 eased RM339 to RM4,181 a tonne.

Total volume slid to 278,307 lots from 284,000 lots in the previous week, while open interest narrowed to 183,505 contracts from 191,133 contracts previously.

The physical CPO price for August South was reduced by RM250 to RM4,200 a tonne. - Bernama


转载说明:本文转载自Sunbet。

上一篇:新2正网平台出租(www.hg108.vip):Ringgit ends higher against US dollar for third consecutive day

下一篇:Cardholders data security a priority for banks

网友评论

  • 2022-11-17 00:08:19

    ag.hga030www.hg108.vip)是皇冠体育官方信用网线上直营平台。ag.hga030开放信用网和现金网代理申请、信用网和现金网会员注册、线上充值线上投注、线上提现、皇冠官方APP下载等业务。ag.hga030提供皇冠官网管理端登录线路、皇冠官网会员端登录线路,皇冠官网手机网址、皇冠官网最新网址导航等服务。这个网站很全