Thursday, March 10, 2011
Interview on Crude Palm Oil Futures on BFM89.9
Posted by
Benny
at
11:38 PM
Here is the podcast of the Interview on Wednesday morning 9.00 am 9 March 2011:
Next View Sdn Bhd Chief Market Strategist Benny Lee feels rally in crude palm oil (CPO) reflects fundamentals. However, he's of the view that RM4,000 per tonne not sustainable, will average RM3,600 to 3,800 for this year. Production for CPO and soybean and weather should improve in the second quarter of this year.
Next View Sdn Bhd Chief Market Strategist Benny Lee feels rally in crude palm oil (CPO) reflects fundamentals. However, he's of the view that RM4,000 per tonne not sustainable, will average RM3,600 to 3,800 for this year. Production for CPO and soybean and weather should improve in the second quarter of this year.
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