Friday 21 January 2011

CPO Futures Sell if 6pm 3756 or lower

CPO Futures hourly indicator will take profit and turn sell if 6pm at 3756 or lower for palm oil futures price on Bursa Malaysia Berhad.
Malaysia's palm oil exports given by cargo surveyor SGS (Malaysia) Bhd is 799,846 metric tons for Jan. 1-20 period up 0.1% only compared with the same period last month. Another surveyor, Intertek Agri Services, estimated at 852,607 tons on Thursday