How to trade Crude Palm Oil Futures ( FCPO ) 20 NOV 2015

#HowtotradeFCPO

Palm Heads for 3rd Wkly Loss as Stronger Ringgit Hurts Sentiment

Current Prices:
-Feb Bursa CPO 2284(-15) Hi 2292 Lo 2271.
-Mar Bursa CPO 2329(-21) Hi 2342 Lo 2319.
-May Dalian CPO 4324(-2) Hi 4348 Lo 4262.
-Dec CBOT BeanOil 27.48(-0.07) Hi 27.57 Lo 27.36.

-USD/MYR 4.2670(-0.0755) Hi 4.3463 Lo 4.2555.
-USD/CNY 6.3810(-0.0018) Hi 6.3836 Lo 3.3785.
-USD/IDR 13636(-139) Hi 13755 Lo 13611.
-Charts Attached.


 Palm oil for Feb. delivery on Bursa Malaysia
Derivatives drops as much as 1.2% to 2,271 ringgit/mt, lowest
for most-active contract since Oct. 27; trades at 2,284 ringgit
by midday break in Kuala Lumpur.

  * Futures -0.2% this wk; +0.8% YTD
  * NOTE: Oil Rally Lifts Ringgit to Asia’s Best This Week
    Helped by Fed
  * Ringgit’s strength against USD adding pressure to crude palm
    oil, says Josephine Goh, associate director of futures and
    commodities at RHB Investment Bank in Kuala Lumpur
  * Malaysia’s Nov. 1-20 palm oil exports at 970,057 mt:
    Intertek
  * Indonesia 2015-16 Palm Exports to Fall on Biodiesel:
    Oil World
  * Jan. soybean oil -0.4% to 27.74c/lb on CBOT; Jan. soybeans
    -0.5% to $8.55 3/4 /bu
  * Soybean oil’s premium over palm at ~$78/mt vs avg of ~$98
    over past yr: data compiled by Bloomberg
  * Palm oil’s premium over gasoil at ~$108/mt vs avg of ~$55
    over past yr: data compiled by Bloomberg
  * Jan. refined palm oil on Dalian Commodity Exchange -0.3% to
    4,080 yuan/mt; soybean oil +0.3% to 5,440 yuan/mt