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Epsilon Capital Management Economy Reviews: Palm oil to test resistance, drop

eBook (PDF), 2 Pages
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http://www.thehindubusinessline.com/markets/commodities/palm-oil-to-test-resistance-drop/article4541889.ece?homepage=true&ref=wl_home March 23, 2013: Malaysian palm oil futures on Bursa Malaysia Derivatives exchange ended higher on Friday, the highest in a month on Friday on hopes of export demand paring record stocks. Despite weak market sentiment on the back of concerns about a possible debt default by Cyprus that could hit the euro zone’s fragile recovery and crimp edible oil demand, prices rallied higher. Data this week lifted expectations of market participants that exports of palm oil will climb and help ease the 2.44-million-tonne stock build up in Malaysia, the world's No.2 producer of the edible oil. Cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd said that March 1-20 shipments showed a monthly gain of 11 per cent and 14 per cent, respectively. China’s February palm oil imports rose 10.5 per cent on year to 423,831 tonnes, the General... More > Administration of Customs said Thursday...< Less
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Product Details

ISBN
9781300877028
Published
March 25, 2013
Language
English
Pages
2
File Format
PDF
File Size
103.15 KB

Formats for this Ebook

PDF
Required Software Any PDF Reader, Apple Preview
Supported Devices Windows PC/PocketPC, Mac OS, Linux OS, Apple iPhone/iPod Touch... (See More)
# of Devices Unlimited
Flowing Text / Pages Pages
Printable? Yes
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