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Commodities Briefing - Categorized | Commodity Crisis, Market Moves, Market Pulse more

Malaysia: Commodities market caught in turmoil

Posted on 01 October 2008

From Thestar.com.my: The financial hurricane sweeping through global markets has not spared the commodities market, and the outlook remains uncertain for oil and crude palm oil (CPO), but gold looks a more solid bet going forward, analysts said.

CPO futures have slumped more than 50% off its record price of RM4,486 per tonne in March. Yesterday, it fell to an 18-month low with the benchmark December delivery at RM2,090 per tonne….. Full Article: Source


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VRS - who has written 38515 posts on Opalesque Commodities Briefing.


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