which one? Bakrie CPO? On Wed, Feb 3, 2010 at 3:43 PM, dario kurniawan <darioamran1...@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 <http://mc/compose?to=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. > <http://sg.rd.yahoo.com/id/messenger/trueswitch/mailtagline/*http://id.messenger.yahoo.com/invite/> > Tambah lebih banyak teman ke Yahoo! Messenger sekarang! > >
