TCP has not yet made any further contracts but have done sampling of another 11,400 bales.lifting of cotton is still unclear
TCP Cotton Bales Buying Updates – 11:50 AM – November 25, 2014
TCP, still remains a big question mark as everyone awaits its involvement in the market as contracts and sampling have been made and many ginners have already prepared export quality packaging as per the requirement of TCP, still no signs of cotton lifting has been yet reported.
Malaysian AM Cash Market Prices for Palm Oil – Nov 26 – 11:50 AM – November 26, 2014
The following are prices for Malaysian palm oil in the cash market at 0430 GMT Wednesday, supplied by commodity broker Matthes & Porton Bhd.
Prices are quoted in U.S. dollars a metric ton, except for crude palm oil and palm kernel oil, which are in ringgit a ton. Palm kernel oil prices are in ringgit a pikul, a Malaysian measurement equivalent to 60 kilograms.
BMD CPO Seen in Range; Focus on Crude, Industry Conference – 11:45 AM – November 26, 2014
BMD CPO may continue moving in the MYR2,175-MYR2,300/ton range as investors look for fresh cues; bearish November 1-25 Malaysian palm export data has already been priced into the market and is unlikely to influence prices Wednesday, says a Kuala Lumpur-based trader; he says focus is on crude-oil prices and price forecasts from an industry conference in Indonesia on Thursday and Friday. Benchmark February BMD CPO closed 0.6% higher at MYR2,218/ton Tuesday.