CPO

CPO Chart for last 5 years:
2008 Mar - peak at RM4,400 (due to strong demand from BRIC)
2008 Oct - bottom at RM1,400  (due to Global Financial crisis triggered by Lehman)
2011 - peak at RM4,000 (due to US printing of money - QE and Europe (PIGS) financial crisis)
2013 (now) - due slow down in demand of CPO as world economy slows.

Outlook:
1. If Fed taper USD printing, ringgit will be weakening - then CPO become cheaper
2. BRIC remain doom if US and Europe recovery remain weak. hence real demand remain weak
3. Hence weakening of RM may triggered CPO price to rise but purely technical ie the purchase of CPO is to increase stock level
4. The real demand for consumption may yet to be seen.