Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash Tin
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives jumped to a 6½-month high in early trading last week influenced by the sharp rally in the Chicago Board of Trade soyoil futures prices and then moved sideways for most of the week before closing Friday with small gains.
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