According to ML report...BWPT should be the best among CPO companies.
________________________________ From: Pak AA <pakaa2...@gmail.com> To: obrolan-bandar@yahoogroups.com Sent: Wed, February 3, 2010 9:49:24 PM Subject: Re: Bls: [ob] Palm Oil Climbs Most This Year as Crude Oil Rally Lifts Appeal which one? Bakrie CPO? On Wed, Feb 3, 2010 at 3:43 PM, dario kurniawan <darioamran1976@ yahoo.co. id> wrote: > > >CPO Time !!.. > > >DarioAmran > >--- Pada Rab, 3/2/10, tasru...@yahoo. com <tasru...@yahoo. com> menulis: > > >>Dari: tasru...@yahoo. com <tasru...@yahoo. com> >>Judul: [ob] Palm Oil Climbs Most This Year as Crude Oil Rally Lifts Appeal >>Kepada: "Obrolan Bandar" <obrolan-bandar@ yahoogroups. com>, "JsxTrader" >><jsxtra...@yahoo. com> >>Tanggal: Rabu, 3 Februari, 2010, 8:33 PM >> >> >> >>Feb. 3 (Bloomberg) -- Palm oil gained the most this year after a rally in >>crude oil and soybeans increased the prospects of biofuels made from the >>tropical commodity. >> >>Oil gained 3.8 percent yesterday, the most since Sept. 30, after the dollar >>fell, spurring investors to buy raw materials as an alternative investment. >>Soybeans advanced the most this year on speculation a rally in equities and >>energy may boost demand for fuel and livestock feed. >> >>Palm oil futures for April-delivery gained 1.9 percent to 2,498 ringgit >>($735) on the Malaysia Derivatives Exchange, the most since Dec. 31. The >>most-active contract earlier jumped as much as 2.2 percent to 2,505 ringgit, >>the highest since Jan. 14. >> >>“Palm oil’s gain has got to do more with the crude oil than anything else,” >>said Ben Santoso, plantation analyst at DBS Vickers Securities (Singapore) >>Pte. “Demand for palm oil is going to stay more or less the same and some >>strength should return to the palm oil market between now and March.” >> >>The tropical oil may trade between 2,400 ringgit and 2,800 ringgit until >>March, Santoso said. >> >>Palm oil dropped 8.3 percent in January, the first monthly drop in four, on >>concern credit curbs in China will cool demand for cooking fat in the world’s >>largest buyer. Chinese demand may stay low during the winter and buyers will >>switch to the commodity starting April, Santoso said. >> >>Commodity investors in China, the world’s biggest consumer of metals and >>grains, are reducing open interest in soybean oil and meal, copper and >>natural rubber futures as the country’s biggest national holiday approaches, >>Beijing-based Wanda Futures Co. said in a report today, citing its analysis >>of exchange data. >> >>Open interest is the total number of futures contracts that have not been >>closed, liquidated or delivered. >> >>Crude Rally >> >>Crude oil for March delivery gained as much as 1.1 percent to $78.04 a barrel >>in New York today, the extending yesterday’s 3.8 percent rally, the biggest >>advance since Sept. 30. >> >>Soybeans for March delivery in Chicago climbed as much as 0.9 percent to >>$9.34 a bushel in Chicago today. The commodity climbed 1.7 percent yesterday, >>the biggest gain since Dec. 28. >> >>Argentine corn and soybean fields may get above-average rainfall in February, >>boosting the risk of flooding before the harvest starts, the Buenos Aires >>Cereals Exchange said yesterday. >> >>Argentina, the world’s third-largest soybean grower behind the U.S. and >>Brazil, is set to harvest a record 53 million tons of the oilseed this year, >>according to the U.S. Department of Agriculture. >> >>Soybean oil for March delivery gained 3.5 percent yesterday and was little >>changed at 37.46 cents a pound at 6:08 p.m. in Kuala Lumpur. Soybean oil’s >>premium over palm oil narrowed to $90.83 a ton today, after jumping 31 >>percent to $109 a ton yesterday, according to Bloomberg data. >> >>To contact the reporter on this story: Thomas Kutty Abraham in Mumbai at >>tabrah...@bloomberg .net ; >> >>=== >>Sent from Bloomberg for Blackberry. Download it from the Blackberry App World! >>Powered by Telkomsel BlackBerry® >> >>------------ --------- --------- ------ >> >>+ + >>+ + + + + >>Mohon saat meREPLY posting, text dari posting lama dihapus >>kecuali diperlukan agar CONTEXTnya jelas. >>+ + + + + >>+ +Yahoo! Groups Links >> >> >> >> >________________________________ Lebih bergaul dan terhubung dengan lebih baik. >Tambah lebih banyak teman ke Yahoo! Messenger sekarang! > >