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Crude Palm Oil: Rally with a price target of RM3,400
The Eurozone crisis has helped price of crude oil to rise and US dollar to strengthen. Together with expected lower output in November and higher exports, these factors caused price of crude palm oil to rally in the past one month, Crude Palm Oil Futures (FCPO) on Bursa Malaysia increased from RM2,800 levels a month ago to the current price of RM3,248 per metric ton. In my …
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investlobby Posted by investlobby User Menu
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on November 22, 2011 at Invest Lobby

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