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皇冠足球信用平台出租(www.hg108.vip)_CPO futures forecast to trade with downside bias next week

皇冠足球信用平台出租(www.hg108.vip)_CPO futures forecast to trade with downside bias next week

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皇冠足球信用平台出租www.hg108.vip)是皇冠(正网)接入菜宝钱包的TRC20-USDT支付系统,为皇冠代理提供专业的网上运营管理系统。系统实现注册、充值、提现、客服等全自动化功能。采用的USDT匿名支付、阅后即焚的IM客服系统,让皇冠代理的运营更轻松更安全。

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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is forecast to trade with a downside bias as the market continues to be plagued with expectations of higher output next week.

Palm oil trader David Ng said the outlook is expected to be bearish following the higher production estimates from Southern Peninsula Palm Oil Millers’ Association (SPPOMA) and Malaysian Palm Oil Association (MPOA).

"We expect the price to hover between RM5,000 and RM5,800 per tonne,” he told Bernama.

For the week just ended, the Malaysian CPO futures were mostly lower on concerns over weaker demand following the lifting of Indonesia’s CPO export ban and expectation of higher production in the coming weeks.

On a Friday-to-Friday basis, spot month July 2022 slid RM464 to RM5,679 a tonne, August 2022 narrowed RM396 to RM5,524 a tonne, September 2022 decreased RM312 to RM5,454 a tonne, October 2022 shrank RM248 to RM5,429 a tonne, November 2022 shed RM225 to RM5,440 a tonne and December 2022 was down by RM159 to RM5,460 a tonne.

Total volume jumped to 397,816 lots from 258,636 lots in the previous week, while open interest rose to 298,491 contracts from 221,157 contracts.

The physical CPO price for June South remains unchanged at RM6,550 a tonne. - Bernama


转载说明:本文转载自Sunbet。
  • 澳洲幸运5(www.a55555.net) @回复Ta

    2022-06-24 00:15:25 

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