okay everybody, please take your seat belt... we're gonna get hard landing --- James Arifin <[EMAIL PROTECTED]> wrote:
> time to short again on agri for 2 weeks > > On 1/15/08, Vincent Chase <[EMAIL PROTECTED]> > wrote: > > > > carefull on cpo > > NEW YORK TIMES today wrote: > > In a sign of growing concern about the impact of > supposedly "green" > > policies, > > European Union officials will propose a ban on > imports of certain > > biofuels, > > according to a draft law to be unveiled next week. > The ban would primarily > > affect palm oil and possibly the Latin American > imports. > > If approved by European governments, the law would > prohibit the > > importation of > > fuels derived from crops grown on certain kinds of > land, including > > forests, > > wetlands or grasslands, into the 27-nation bloc. > > HERE IS THE LINK: > > * > > > http://www.nytimes.com/2008/01/15/business/worldbusiness/15biofuel.html?ref= > > > *<http://www.nytimes.com/2008/01/15/business/worldbusiness/15biofuel.html?ref=>business > OUR > > ANALYST, TING MIN TAN, SAYS: > > - If EU were to ban palm-biodiesel, there could be > a knee-jerk impact on > > plantation stock prices but fundamentally, this > measure will have a minimal > > impact on underlying demand for palm oil. Any > weakness in plantation share > > prices is an opportunity to buy. > > - This is because vegetable oils are substitutes > of each other. Hence, if > > palm-biodiesel is banned, palm oil will still be > imported into the EU as > > food. Vegetable oil prices move in tandem with one > another, and as long as > > EU moves ahead with its biofuel policies, veg oil > inventories will continue > > to be drawn down, and this will support palmoil > prices. > > - EU is the second largest importer of palm oil in > the world (after China) > > and the bulk of its ends up in food; it imports > some 5mn tonnes or 13-14%% > > of global CPO production. > > - The Roundtable for Sustainable Palm Oil (RSPO) > has been set up to > > address the "sustainability" issues. The RSPO will > get an audit ready to > > issue certification for plantation companies which > adopt > > environmentally-friendly practices. The large > Malaysian and Indonesian > > plantation companies are all members of RSPO and > are generally complaint. > > - We wrote an entire report on sustainability in > Sept-2007. The report is > > attached. > > > > > > *Aria Bela Nusa <[EMAIL PROTECTED]>* wrote: > > > > > http://www.bloomberg.com/markets/commodities/cfutures.html > > Commodity Futures UBS Bloomberg CMCI > > INDEX NAME > > VALUE > > CHANGE > > OPEN > > HIGH > > LOW > > TIME > > UBS BLOOMBERG CMCI > > 1349.24 > > 17.92 > > 1345.02 > > 1355.16 > > 1343.43 > > 16:03 > > S&P GSCI > > 615.28 > > 9.44 > > 609.78 > > 616.42 > > 607.90 > > 01/14 > > RJ/CRB Commodity > > 370.22 > > 5.07 > > 365.15 > > 370.96 > > 365.15 > > 01/14 > > Rogers Intl > > 4541.70 > > 66.32 > > 4506.69 > > 4563.78 > > 4475.38 > > 17:36 > > Brookshire Intl > > 499.54 > > 7.42 > > 496.90 > > 499.80 > > 495.31 > > 17:12 > > Happy chuan, > > Aria > > ------------------------------ > > *From:* obrolan-bandar@yahoogroups.com [mailto: > > [EMAIL PROTECTED] *On Behalf Of > *Sriwisnu-gmail > > *Sent:* Tuesday, January 15, 2008 3:07 AM > > *To:* obrolan-bandar@yahoogroups.com > > *Subject:* [obrolan-bandar] Palm Oil naik terus - > buat pertimbangan yang > > belum beli CPO's Stocks > > *14.01.2008 - Closing Crude Palm Oil Quotes:* > > Closing CPO futures prices on Bursa Malaysia > Derivatives in MYR/ton > > *Month* > > *Close* > > *Previous* > > *Change* > > *High* > > *Low* > > Jan '08 > > 3360 > > 3270 > > *up 90* > > 3360 > > 3320 > > Feb '08 > > 3410 > > 3279 > > *up 131* > > 3410 > > 3320 > > *Mar '08* > > *3414* > > *3280* > > *up 134* > > *3420* > > *3318* > > Apr '08 > > 3405 > > 3274 > > *up 131* > > 3413 > > 3313 > > May '08 > > 3400 > > 3276 > > *up 124* > > 3401 > > 3306 > > Trading volume totaled 19,530 lots Monday up from > 15,261 lots on Friday. > > Open interest totaled 42,015 lots, up from 40,830 > lots. > > *14.01.2008 - Midday Closing Crude Palm Oil > Quotes:* > > Midday Closing CPO futures prices on Bursa > Malaysia Derivatives in > > MYR/ton > > *Month* > > *Close* > > *Previous* > > *Change* > > *High* > > *Low* > > Jan '08 > > 3320 > > 3270 > > *up 50* > > 3320 > > 3320 > > Feb' 08 > > 3330 > > 3279 > > *up 51* > > 3337 > > 3320 > > *Mar '08* > > *3331* > > *3280* > > *up 51* > > *3342* > > *3318* > > Apr '08 > > 3325 > === message truncated === ____________________________________________________________________________________ Looking for last minute shopping deals? Find them fast with Yahoo! Search. http://tools.search.yahoo.com/newsearch/category.php?category=shopping
