Tuesday 8 March 2011

CPO Futures Will Remain Sell 3602 At 4pm

CPO Futures hourly indicator will not be able to turn buy signal even palm oil futures is at high 3700 at 4pm. Therefore, it will remain sell 3602 at 4pm.

POC 2011 at 2pm to 4pm today, first speaker is:
  1. Mr Andrew Wilson (Vice President, Corporate Relations, Conservation International Singapore) on topic: Global Best Practices for Site Selection, Ecosystem Preservation and Sustainability On Oil Palm.
The next three speakers on Lauric Oil & Biodiesel Session are:
  1. Mr Harald Sauthoff (Vice President, Cognis GmBH (part of BASF)) on topic: Markets are Chaotic Systems – and Sometimes I Feel Like a Butterfly …
  2. Mr James McKay (Starsupply Renewables S.A.) on topic: Biodiesel Risk Management and the Impact on Palm Oil and Feedstocks
  3. Mr Chris de Lavigne (Asian Director, Frost & Sullivan) on topic: Outlook of Biofuels and Impact on Palm Oil Prices.