Monday, May 10, 2010

Crude Palm Oil

CPO production unexpectedly drop 5.84% and inventory level drop 2%.
The recent CPO price hold well at 2480-2525 level become the immediate support level. With the first 5 days export figure show +21.8% (by ITS), I think CPO will trending upward again.

Buy Golden Agri -SGD0.55.

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