Market Flash: iSHARES MSCI Indonesia Investable Market Index Fund (EIDO:US) PRICE: 28.530 USD Down -0.360 (-1.246%) >>> BI: Rupiah Melemah Akibat Kondisi Eropa >>> Pertemuan FED pertimbangkan langkah baru dorong ekonomi >>> KIJA akan Terbitkan MEN Valas USD150 Juta >>> PT Indika Energy Perusahaan Teladan Dunia 2011 >>> Govt Promises Revision of Cost Recovery Regulation >>> BPMigas Demands PGN to Pay US$6 per MMBTU >>> Jababeka to Raise US$150 Million from Debt Markets >>> SCG Chemicals buys Chandra Asri >>> Solusi Tunas eyes Rp380 bio IPO >>> SMR Utama scouts Rp300 bio IPO >>> Alam Sutera picks two bond arrangers >>> ASII Tetap Rajai Penjualan Mobil Agustus 2011 >>> Perusahaan Thailand kuasai Saham TPIA senilai Rp 3,76 Triliun >>> Agis Main ke Tambang, Sahamnya Masuk Dalam Pengawasan >>> ACES Mendekati The Northern Agar Mau Kurangi Kepemilikan >>> IHSG masih harus berjuang terus bertahan diatas MA200 >>> Melirik Peluang Akumulasi di Saham Perbankan >>> Analisa Saham BUMI: Kuat Bertahan & Berpeluang Kembali Uptrend >>> Analisa Saham JSMR: Bertahan Di Support, What Next? >>> INDF Tertahan Di Area Support Kuat, Berpeluang Rebound >>> ASII Break Minor Support, Sell on Strength >>> ADRO Membentuk Descending Wedges, Berpeluang Rebound Terbatas >>> Wall Street ends flat as early gains evaporate >>> Fed begins policy meeting, tiptoes toward easing >>> Fed meeting to help decide on long-term Treasuries >>> Greece Makes 'Good Progress' in Reform Talks: EC >>> China worried Europe debt crisis will hit trade >>> China could roll out 4.65tr yuan stimulus package >>> IMF sees Mideast stagnation >>> NYMEX-Crude ends higher at Oct contract expiry >>> Asian Crude Palm Oil Up On Technical Buying, Soyoil >>> Foreign net Sell - 61.785.746

Selasa, 08 Maret 2011

CPO futures end higher - Business Times

CPO FUTURES

THE crude palm oil (CPO)futures contracts on Bursa Malaysia Derivatives closed higher yesterday, in line with the firmer crude oil prices, dealers said. They said crude oil prices are expected to trade higher due to the political unrest in Libya.

Another dealer said CPO prices are expected to trade higher during the three-day Palm and Lauric Oils Conference & Exhibition Price Outlook 2011-2012 which began yesterday.

March 2011 and April 2011 rose RM41 each to RM3,750 and RM3,730 a tonne while May 2011 and June 2011 gained RM35 to RM3,695 and RM3,665.

On the physical market, March South rose by RM60 to RM3,770 from RM3,710 last Friday.

OIL

LONDON: World oil prices shot higher yesterday morning, striking 2½-year highs on the turmoil in Libya and the Middle East, analysts said.

New York’s main contract, light sweet crude for delivery in April, hit US$106.82 (US$1.00 = RM3.03) a barrel — the highest level since September 2008. It later stood at US$106.60, up US$2.18 compared with Friday’s close.

In London, Brent North Sea crude for April jumped US$2.15 to US$118.12.

“The unrest in Libya has pushed the price of oil up to a 2½-year high,” Commerzbank analysts said in a research note yesterday.

“We believe a swift return to ‘normality’ is unlikely and have therefore raised our oil price forecast for the second quarter to US$120 a barrel. Only when the supply risks ease should the price of oil drop below the US$100 a barrel mark again.”

RUBBER

THE Malaysian rubber market closed lower yesterday, in line with weaker rubber prices on the Tokyo Commodity Exchange, dealers said.

They said trading was quiet as most players stayed on the sidelines awaiting prices to decline further. “Weaker rubber prices on the Tokyo futures weighed down sentiment in local market,” a dealer explained.

The Malaysian Rubber Board’s noon official physical price for tyre-grade SMR 20 fell 26.5 sen to 1,531.0 sen a kg and latex-in-bulk declined 11.0 sen to 1,053.0 sen a kg.

The unofficial sellers’ closing price for tyre-grade SMR 20 dropped 34.5 sen to 1,516.0 sen a kg and latex-in-bulk eased 13.0 sen to 1,046 sen a kg.

TIN

TIN price in the Kuala Lumpur Tin Market (KLTM) closed unchanged yesterday at US$31,870 per tonne on technical correction, dealers said.

Tin price on the London Metal Exchange (LME) however rose to US$225 to US$31,900 per tonne.

At the opening level on the KLTM, buyers bid for 30 tonnes, while sellers offered 25 tonnes.

Turnover declined to 25 tonnes from 30 tonnes lsat Friday, with activities dominated by Japanese, European and local traders.

The price differential between the KLTM and the LME narrowed to a premium of US$435 per tonne from US$660 a tonne last Friday. — Agencies
Posted by Saham Pilihan at 05.35

Tidak ada komentar:

Posting Komentar

Langganan: Posting Komentar (Atom)