thats not the accurate information bro. thats unprocessed oil & not olein which is much more ex. last closing prices are at 2640. september futures which is historically the highest cropping month has a future that is still trending upwards of >2600. not looking good. unless you think iron ore is coming down in price; palm oil might not go anywhere...it's all part of the inflation picture which is causing to a degree to subprime woes in the us.
SBI Price at posting:
0.0¢ Sentiment: Hold Disclosure: Not Held
