U.S. dollars and cents per metric ton |
Contract Month: FEB16 |
As of: Friday, December 4, 2015 |
Source: CME - CME Group |
Open: | ---- |
High: | ---- |
Low: | ---- |
Last: | ---- |
Change: | +5.75 |
Estimated Volume: | |
Prior Day Open Interest: | |
Contract Specifications |
Description: Palm oil, Malaysia Palm Oil Futures (first contract forward) 4-5 percent FFA, US Dollars per Metric Ton
Description: Soybean Oil, Chicago Soybean Oil Futures (first contract forward) exchange approved grades, US Dollars per Metric Ton
Note:
There is a very clear pattern that El Nino Years of 2006 to 2008 will be played out in similar duplication for 2016 to 2018.
This only difference is the degree of EL NINO now compared to last time.
And 2006 was the turning point for uptrend trajectory till it peaked in year 2008.
So the chart CLEARLY SHOWS The Beginning of A New Powerful Uptrend for Palm Oil NOW!
Created by calvintaneng | Aug 23, 2024
Created by calvintaneng | Aug 22, 2024
Created by calvintaneng | Aug 03, 2024
enning22
a newbie in town , wondering about this and that.
2016-04-08 10:12