More CPO contract delays for JADE

23 Mar 2007

The launch of crude palm oil (CPO) futures on Joint Asian Derivatives Exchange (JADE) appears likely to be delayed for a third time, as the end of the first quarter draws closer with...

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“One of our key predictions for 2011 was that geopolitical tensions will simmer more vigorously this year, particularly in the context of a market in which incremental non-Opec volumes are becoming more difficult to bring on stream and in which Opec spare capacity gets more noticeably stretched.”

BarCap's 2011 oil outlook looks increasingly accurate.