Tweet this

Dealing Desk Hotline

(603)-2181 8848

Global Vegoils Analysis – 12 January 2018

A commentary written by Tony Tong




马盘毛棕榈油基准3月,昨日周四盘面就为多头减仓下行,早先的多头获利盘涌出迹象明显,今天周五盘面多头继续减仓,在一片恐慌中形成短暂的“多杀多”走势,期价下挫幅度较大,虽然同是减仓——-早2日与晚2日的区别已经非常清晰,马盘棕榈油防御性动作最为明显——马币走强,马来西亚棕榈油产量下降不及预期,棕榈油总库存高企,棕榈油出口数据不振 。马盘棕榈主要受这四大原因影响。


• Ahead of the USDA report due to be released tonight, bearish sentiment dominates edible oil markets.
• Long interest appears to have weakened.
• As mentioned on Tuesday, we recommended long positions be reduced to mitigate risks.

• Traders may cautiously retain long positions but be prepared to liquidate should bearish factors emerge out of the USDA report.

This post is contributed by OPF Guest Blogger, Tony Tong.

Tong used to be a capital market service rep licensed by China Futures Association. He became a professional independent trader later on. He has more than 10 years of personal experience trading in commodity futures market and is adept at cross-market analysis to identify trading opportunities. He uses fundamental analysis to filter out the best investment products and technical analysis to determine entry and exit points and consider his trading style as moderately conservative while at the same, is also very good at medium-term position trading based on technical charts.

Subscribe to OPF Blog via Feed Reader or Email

DISCLAIMER: This post is written for general information only. The author, publisher and/or any third party involved in the distribution of this work assume no legal responsibilities and shall have no liability whatsoever for any direct or consequential losses, costs or expenses arising from the use of the information contained herein.


Share and Enjoy:
[] [Digg] [Facebook] [Google] [Mixx] [MySpace] [Twitter] [Windows Live] [Yahoo!] [Email]

Post a Comment

Displayed next to your comments.

Not displayed publicly

If you have a website, link ti it here


OPF reserves the right to delete comments that are snarky, offensive, or off-topic. If in doubt, read our Comments Policy.