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Thread: CPO(Crude Palm Oil) Fundamental Analysis

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    CPO(Crude Palm Oil) Fundamental Analysis

    CPO's price continue to skyrocket up to trade today. Several sentiment affecting the increase in the movement of commodities including tropical storms are predicted El Nino is expected to arrive early and hit the Southeast Asian region.

    Crude palm oil futures prices today rose by 0.3% to 2835 ringgit per metric ton on the Malaysia Derivatives Exchange. There is pportunity for strengthening the CPO price expected for this year is still wide open and will possibly touch label 3000 ringgit per metric ton.

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    Following up to yesterday's price action of palm oil had touched the highest level in 17 months, today these commodities experienced a correction.

    The price of palm oil is currently down 0.9% to 2808 ringgit or 860 dollars per metric tonne on the Bursa Malaysia Derivatives. The weakening of the palm oil price movements on this day due to the speculation that rainfall in Malaysia began to subside with moderate intensity,

    In addition, the decreasing of palm oil at this time is also considered as a form of profit-taking is done by investors after earlier rallying more than a week.

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    Palm oil prices to trade today recorded a negative movement, palm oil futures are currently down 1.1% to 2870 ringgit or 876 dollars per metric ton on the Malaysia Derivatives Exchange. The decline was the biggest since February 27. This is the result of reports that data for the export of palm oil in Malaysia for a while in March it decreased 5% to 293 879 tonnes

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    In today's trading palm oil prices fell back ends. Palm oil futures prices today fell 1% to 2872 ringgit or 875 dollars per metric ton on the Malaysia Derivatives Exchange. The decline was the lowest since February 27. Soybean oil price fell 0.4% to 14.13 dollars per bushel.

    Palm oil price movements is still considered to be a negative move and still be hit by profit-taking for the next few days, the negative condition that occurs is influenced by reports that in the first 10 days of data Malaysian palm oil exports decreased by 5% to 293 879 tonnes

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    After briefly weakening over the last 2 days, the price of palm oil in today's trading closed rebound, crude palm oil futures prices today rose by 0.9% to 2845 ringgit or 868 dollars per metric ton on the Malaysia Derivatives Exchange.

    Oil palm encouraged by reports that soybean production in Brazil for this year will decline along with the bad news in terms of weather where heavy rainfall has not eased up to the present

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    After yesterday managed to experience a rise in the price of palm oil is quoted moves further weakened due to the instability of the weather conditions in Malaysia.

    This situation provides a less favorable situation for the producer of palm oil this week will start remembering to do the harvest and preparation of palm seed oil palm planting season done by farmers in Malaysia and Indonesia.

    Palm oil prices to trade today closed at position weakened 1.2% to 2776 ringgit or 845 dollars per metric ton on Bursa Malaysia Derivatives. Palm oil price movements to predict next week's trading will still have the opportunity to experience a rebound

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    On this day the government of Malaysia through the Malaysian Palm Oil Board stated that the tax Malaysian palm oil exports will be increased starting in April next

    But in recent days, the price of palm oil in Malaysia experienced a correction in commodity exchanges. At the close of trading yesterday, the price of palm oil dropped to 2741 ringgit per metric ton due to report a decrease in the level of exports of Malaysian palm oil.

    In response to this the price of CPO contract for the month of May and the other months ahead looks down, especially for the month of May were down to 2786 ringgit per metric ton.

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    My analysis for CPO fundamental today:

    CPO price reported stay at the same price after in past 2 days the price has been rise to 565,40 Ringgit per 10 kg in futures market, it seems that some big speculators that causing the price to stay stagnant.

    Another thing which become the reason is that ITS reported that Malaysian CPO in march dropped about 3,1% to 1.21 million tons compare to the previous month because of lowering demand from China and India.

  9. #9
    My analysis for CPO basic today:

    CPO worth rumored reside an equivalent worth when in past two days the worth has been rise to 565,40 Malaysian monetary unit per ten metric weight unit in commodities exchange, it appears that some massive speculators that inflicting the worth to remain stagnant.

    Another factor that become the rationale is that ITS rumored that Malaysian CPO in march born regarding three,1% to 1.21 million tons compare to the previous month as a result of lowering demand from China and Asian country.

  10. #10
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    My Today's Analysis:
    Malaysian palm oil futures prices ended higher on yesterday's closing cover losses from two-month lows. CPO price for June contract on Bursa Malaysia Derivatives Exchange had edged up about 1.5 percent to 2,615 ringgit per tonne.

    The fundamental reason of this increase is due to the strengthening other commodities such as soybeans futures price and CPO production in Malaysia also seems increasing more rather than previous month.

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