MARKET TALK: BMD CPO Up; Some Players Long, Expect Bullish News (05 Mar, 2009)
[Dow Jones] BMD CPO futures up as some participants go long on expectations next week's CPO conference will yield bullish views; trade thin, say traders. Benchmark May CPO contract up MYR9 at MYR1,911/ton. "There are expectations that noted vegetable oil analysts like Dorab Mistry and Thomas Mielke will release bullish price forecasts next week, which may push the market up. Some players are taking long positions in anticipation of this," says Singapore-based trader. Adds thin trade prompting prices to be pushed up or down easily. Trade volatile today, with prices swinging between positive, negative territory. --- In obrolan-bandar@yahoogroups.com, "artomoro9" <artomo...@...> wrote: > > 15.55 ihsg 1285 - 4 > > > kami sementara mundur ke barak dulu, istirahat, besok kita lanjutkan lagi > untuk kembali.... > > > anyway... itu biasa dalam pertempuran... ada kalanya beruntung adakalanya > halangan.. tetapi semangat masih ada.. > > > > salam perjuangan... > > > artomoro kembali ke bunker sementara waktu.. >
