KUALA LUMPUR (Dow Jones)--Vegetable oil prices, which have seen a sharp fall in recent weeks, may rebound soon as the downward correction has little correlation with fundamentals, Dorab Mistry, director of London-based trading company Godrej International and vegetable oil analyst, said late Tuesday. "Just as the prices were overdone on the upside (last month), they are now overdone on the downside," Mistry told Dow Jones Newswires. He said there was no fundamental reason for prices to be so low, adding there was room for a trend reversal. The benchmark third month crude palm oil futures contract on Malaysia's derivatives exchange hit a seven-week low of MYR3,171 a metric ton Tuesday, before recovering to MYR3,450/ton.
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
32900.00 | + 1950 | 33200.00 | + 2000 |
ПФО |
32000.00 | + 1690 | 32500.00 | + 1500 |
СКФО |
33000.00 | + 1350 | 33500.00 | + 1500 |
ЮФО |
33000.00 | + 1500 | 33500.00 | + 1500 |
СФО |
33000.00 | + 1000 | 34000.00 | + 1000 |
Регион | Закуп. | Изм. | Прод. | Изм. |
---|---|---|---|---|
ЦФО |
74000.00 | + 1000 | 74500.00 | + 1000 |
ЮФО |
73000.00 | + 1000 | 75000.00 | + 1000 |
ПФО |
73500.00 | + 1500 | 75000.00 | + 1800 |
СФО |
74000.00 | + 500 | 76000.00 | + 1100 |
Обсуждение