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, 15 Maret 2011

Palm futures retreats on lack of buying - Business Times

CPO FUTURE

CRUDE palm oil futures on Bursa Malaysia Derivatives ended lower yesterday on lack of buying interest following the earthquake and tsunami that struck Japan last week, dealers said.

At theclose, March 2011 was down RM45 at RM3,375 a tonne, April 2011 dropped RM36 to RM3,363, May 2011 went down RM29 to RM3,335 and June 2011 fell RM30 to RM3,315.

Turnover rose to 35,191 lots from 33,383 lots last Friday while open interest slipped to 96,423 contracts from 96,456 contracts previously.

On the physical market, March South lost RM100 to RM3,400 from RM3,500 last Friday.

OIL

LONDON: Oil fell to two-week lows yesterday, slipping nearly US$3 (US$1.00 = RM3.03) at one point, as concerns over the economic impact from Japan’s catastrophic earthquake and tsunami knocked global investor confidence.

ICE Brent crude was trading US$2.20 lower at US$111.64 a barrel by 0959 GMT, having struck US$111.16, the lowest since February 25.

US crude fell US$2.06 to US$99.10, after hitting an intraday low of US$98.55.

Oil demand from Japan was expected to fall in the short to medium term as the country’s economic activity was likely to be subdued following devastation caused by the strongest quake on record and the massive ensuing tsunami, analysts said.


Japan’s Nikkei stock average fell more than 6 per cent and global commodities prices mostly fell.

RUBBER

THE Malaysian rubber market closed lower yesterday in line with the downtrend on the regional market, dealers said.

“Buyers remained on the sidelines, anticipating prices to decline further,” a dealer said.

The dealer said buyers are expected to return to the market when the price eases from the current level.

The Malaysian Rubber Board’s noon official physical price for tyre-grade SMR 20 plunged 74 sen to 1,285.0 sen a kg while latex-in-bulk lost 33.5 sen to 948.5 sen.

The unofficial sellers’ closing price for tyre-grade SMR 20 fell 111 sen to 1,238.5 sen while latex-in-bulk shed 64 sen to 906 sen.

TIN

THE Kuala Lumpur Tin Market (KLTM) ended lower with the price of the metal down US$170 at US$29,680 per tonne, prompted by a technical correction.

The market failed to follow the better performance on the London Metal Exchange (LME) which rose US$100 to US$29,500 per tonne.

At the opening level, bids amounted to 40 tonnes while sellers offered 75 tonnes.

Turnover was unchanged at 40 tonnes from last Friday with Japanese, European and local traders accounting for yesterday's transaction.

The premium between the KLTM and the LME narrowed to US$645 per tonne from US$915 a tonne last Friday. — Agencies

Tidak ada komentar:

Posting Komentar