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Monday, June 10, 2024

May 2024 monthly supply-demand

The May monthly supply-demand report aligns with market expectations, so the upcoming FCPO trend will depend on when and how soon advance booking orders start coming in.

Thursday, June 6, 2024

fcpo 06062024

6 Jun: #FCPO opened mixed initially. The second breakout was real, but the market was slow due to a lack of buying force until near 3 PM. Then, the market powered up, breaking past the two-day high.