AtW - I need your expert financial advice....

[HairyArsedBloke]

Palm Oil – Should I take a long or short position in this commodity?

I have been told to consider the US Dollar denominated contract on the Malaysian Stock and Commodities exchange. The symbol is FUPO. However, for some reason it doesn’t trade much.

Any thoughts on FUPO?

[SandyDown]

Palm Oil – Should I take a long or short position in this commodity?

I have been told to consider the US Dollar denominated contract on the Malaysian Stock and Commodities exchange. The symbol is FUPO. However, for some reason it doesn’t trade much.

Any thoughts on FUPO?

Yawn!!

[DimPrawn]

Yawn!!

You should get some sleep love.

[BrilloPad]

Palm Oil – Should I take a long or short position in this commodity?

I have been told to consider the US Dollar denominated contract on the Malaysian Stock and Commodities exchange. The symbol is FUPO. However, for some reason it doesn’t trade much.

Any thoughts on FUPO?

contract size = 25 metric tons

I wonder how much that is in volume?

[AtW]

You should get some sleep love.

[dude69]

contract size = 25 metric tons

I wonder how much that is in volume?

sounds like 25,000 litres to me.

I guess about £10k?

[SantaClaus]

contract size = 25 metric tons

I wonder how much that is in volume?

Will he be taking delivery?

[TimberWolf]

contract size = 25 metric tons

I wonder how much that is in volume?

I tonne of water is approx. 1 metre cubed, and oil is just a little less dense than water so would occupy a little bit more then cubeRoot(25) ~ a cube 3 meters wide.

[SantaClaus]

Palm Oil – Should I take a long or short position in this commodity?

I have been told to consider the US Dollar denominated contract on the Malaysian Stock and Commodities exchange. The symbol is FUPO. However, for some reason it doesn’t trade much.

Any thoughts on FUPO?

Gold is what you want to buy. Its in an ascending triangle on the 1hr chart. Could very well break to the upside.

[SantaClaus]

Gold is what you want to buy. Its in an ascending triangle on the 1hr chart. Could very well break to the upside.

Looks like you all missed that opportunity. since I last posted, Gold has spiked from 786.70 to 803.00