CPO futures: Bullish commodity prospects
OBSERVATIONS: The rush to cover short (sell) positions, quite hectic at times, ahead of two major events this week. – the Bursa Malaysia Palm Oil and Laurics Conference and the Malaysian Palm Oil Board (MPOB) report on February trade data and end-February 2010 stock position. – lifted the Kuala Lumpur CPO futures market to an eight-week high last week.
Read more on Business Times (Malaysia)
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