24.05.2012 14:42
Palm market news
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MARKET TALK: Malaysia Cash Palm Oil Falls; BMD CPO Strong Support MYR3,000
(24 May, 2012)
Malaysian cash palm oil prices fall, reflecting BMD CPO. Cash palm oil is offered at MYR3,050/ton, down MYR30 from Wednesday
Malaysian AM Cash Market Prices For Palm Oil - May 24 at 0430 GMT
(24 May, 2012)
The following are prices for Malaysian palm oil in the cash market at 0430 GMT Thursday, supplied by commodity broker Matthes & Porton Bhd.
MARKET TALK: BMD CPO To Average MYR3,300/Ton In 2Q, Up 1.7% -Rabobank
(24 May, 2012)
Despite their recent tumble, BMD CPO futures will average MYR3,300/ton in the second quarter of this year, up 1.7% on quarter, reflecting strong fundamentals, says Pawan Kumar, associate director at Rabobank
MARKET TALK: BMD CPO Moves Sideways On Mixed Cues; MYR3,000-MYR3,030 Range
(24 May, 2012)
BMD CPO futures move sideways, tracking bearish China PMI, uncertainty about euro-zone debt issues as well as a positive outlook for CPO due to tight vegoil markets, a Singapore-based trader says, tipping prices to trade in the MYR3,000-MYR3,030/ton range this morning.
Palm Oil Prices Supported On Fundamentals; Could Average MYR3,300 In 2Q -Rabobank
(24 May, 2012)
Crude palm oil prices will likely remain supported in the coming months on strong demand and tight vegetable oil markets even though the global economic outlook is weakening and investors are becoming more concerned over a possible exit by Greece from the euro zone, an executive at Rabobank said Thursday.
MARKET TALK: BMD CPO May Open Lower On Europe Worries; Support MYR3,000
(24 May, 2012)
BMD CPO futures may open lower as selling pressure will likely continue, reflecting persistent concerns over Europe's sovereign debt, a Kuala Lumpur-based trader says

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