Tuesday 17 January 2012

STC 3240 DMI 3196

Daily stc indicator and dmi indicator for cpo futures will remain the short 3151 and 3173 with the stop and reverse buy signal at 3240 at 6pm close and 3196 trigger point respectively today.
News: Palm oil exports hit record high of RM80.4b. - “Bear with us for a couple of more months. We’ll make the announcement after the Cabinet approves of it,... The government is mindful that oil palm planters are the most heavily-taxed in this country.”