Singapore Stock Market News
Regional Plantation - At A Crossroads
StockFanatic
Publish date: Tue, 16 Dec 2014, 12:52 PM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
Crude palm oil prices are at a crossroads with support from tighter supplies due to bad weather, but a sharp drop in crude oil prices is pulling in the opposite direction. We believe the CPO market has yet to find its equilibrium, waiting for a clearer direction based on how tight supplies would be or how much non-discretionary biodiesel demand could disappear. The recent strength of the El Nino indicator could be an important price-supportive factor. Maintain MARKET WEIGHT.
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