CPO ya ? liat aja chart harga cpo ini. http://palmoil.com/exchanges/bmd/charts
--- In obrolan-bandar@yahoogroups.com, Ciba Gangga <cibagangga2...@...> wrote: > > > Mau tanya pergerakan saham2 CPO (AALI, LSIP, SGRO, UNSP) untuk minggu depan. > Apakah berita di bawah cukup untuk mendorong saham2 tsb naik? > > Asia CPO Ends Up As 1H Stks May Fall To 1.2M Tons > (09 Apr, 2009) > > KUALA LUMPUR (Dow Jones)--Crude palm oil futures on Malaysia's derivatives > exchange breached MYR2,250 a metric ton Thursday to reach fresh six-month > highs on concerns that palm oil stocks may fall toward 1.2 million tons > during the first half of 2009, said trade participants. > > They said expectations that Malaysia's palm oil exports during the April > 1-10 period may be 6%-9% higher on month also pushed up prices. > > The benchmark June contract on Bursa Malaysia Derivatives ended MYR104 > higher at MYR2,269/ton, close to an intraday high of MYR2,281, a level not > seen since Sept. 29, 2008. It was one of the sharpest daily increases in > prices so far this year. > > The benchmark contract has so far gained 13.5% this month. Thursday, CPO > for prompt shipment was offered MYR140 higher at MYR2,420/ton. > > "The arithmetic is simple," said a Kuala Lumpur-based executive at a global > trading company. "Malaysia needs at least 1.3 million tons of palm oil for > export, biodiesel and domestic consumption each month. But if production is > low - between 1.1 million tons and 1.25 million - it will lead to a drawdown > of stocks in April and May." > > Feedback from oil palm planters suggests that production in April won't be > good and biological stress on oil palm trees will continue, he said. > > Traders said that if palm oil stocks do fall to 1.2 million tons in the > next few months, CPO prices could approach the MYR2,500/ton level, but before > that happens, a downward correction toward MYR2,000 is likely on > profit-taking. > > The government has targeted a decline of palm oil stocks "to 1.2 million > tons sometime this year due to replanting, fewer imports from Indonesia, > higher exports of crude palm oil and barter arrangements with some > countries," said a senior official at the Malaysian Palm Oil Board. > > The MPOB Friday is likely to issue data on Malaysia's March palm oil > production, exports and end-month stocks. Stocks are expected by industry > executives to be around 1.4 million tons, down from 1.56 million tons in > February, while production is projected at between 1.1 million and 1.2 > million tons. > > The estimated 1.4 million tons is spread over several ports and refineries, > and suppliers are finding it difficult to meet export commitments, said a > trading executive in Malaysia. > > At any given moment, much of the purported inventory of palm oil is in one > of the various stages of refining and not available for export, he said. > > Buyers who were keeping to the sidelines last month, expecting prices to > fall, are rushing to buy, but stocks aren't readily available. > > One of the traders said his company has sold more palm oil for export in > the last week than in the previous three weeks combined. > > Cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. are likely > to issue data Friday on Malaysia's April 1-10 palm oil exports. > > Earlier, there were expectations that palm oil exports may be lower, at > around 350,000 tons, but as new numbers of around 400,000 tons started > circulating in the market, prices tested new highs because some traders > quickly covered their shorts, said a trading executive. > > Open interest in CPO on the BMD fell to 86,762 lots from 88,461 lots > Wednesday. The traded volume rose to 18,618 lots from 11,886 lots. One lot > comprises 25 tons. > > Malaysia's cash palm olein for July/August/September shipment traded at > $670-$685/ton, said a trader in Singapore, adding June shipment was sold at > $700/ton. He said palm olein for October/November/December traded at > $680/ton. > > On average, palm olein and RBD palm oil prices rose by $20-$40/ton. The > price rise is so steep that RBD palm oil, which sells at a $30 discount to > palm olein, is today being sold for some shipments at prices higher than > yesterday's rates for palm olein. > > Closing BMD CPO futures prices in MYR/ton at 1000 GMT: > > Month Close Previous Change High Low > Apr 09 2,410 2,281 Up 129 2,402 2,296 > May 09 2,370 2,230 Up 140 2,370 2,220 > Jun 09 2,269 2,165 Up 104 2,281 2,156 > Jul 09 2,219 2,118 Up 101 2,227 2,109 > > - By Sameer Mohindru, Dow Jones Newswires; (603) 2078-4233; > sameer.mohin...@... >
