Tag: London Sumatra

Palm Oil Corrections

The benchmark March 2017 contracts of crude palm oil (CPO) dropped RM44 to RM3070 per ton Thursday (Dec 22), while contracts beyond April 2017 were settled below RM3000 per ton respectively. The Commodity has dropped significantly from its recent peak as some traders anticipate higher production next year.

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Palm Oil & Plantation Shares

The benchmark February 2017 contracts of crude palm oil (CPO) ended higher by RM24 to RM2952 per ton on the Bursa Malaysia Derivatives Monday, while March 2017 contracts were settled at RM2933. The chance is big to see significant improvement in financials of plantation companies in the fourth quarter of 2015 and first half of 2017.

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Improved Indicators

Composite index of Indonesia Stock Exchange (IDX) ended significantly higher by 1.85% Monday (Oct 3), lifted by global sentiment and improved domestic indicators. Most peers ended higher ground with the exception of South Korea, which lost more than 1%.

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