As AAA s national average diesel price hit a new record high of $5.77 Sunday, palm oil prices are showing signs of a possible top, offering conflicting signals for soybean oil prices.
SenatorAquilino "Koko" Pimentel III (PNA file photo) MANILA - Senator Aquilino 'Koko' Pimentel III said on Wednesday that he is now talking to the chairpersons of Senate Committees on Finance, Ways and Means, and Blue Ribbon to start the Senate inquiry into the alleged unpaid PHP203 billion tax estate of the Marcos family. In an interview with CNN Philippines, Pimentel said there is still time to pursue the inquiry before or even after the elections. "Yes, there's still time. We have the whole of April and the first week of May. Pwede naman po and then kung hindi talaga kakayanin sa time before election, then we do it even after election. Pwede pa rin. So, technically speaking, we have the months of April and May (Yes, there's still time. We have the whole of April and the first week of May. It is doable and then if we cannot do it in time before the election, then we do it even after the election. It is still doable. So, technically speaking, we have the
March soybeans, since breaking out of a symmetrical triangle chart formation, are on an eight-day winning streak and headed for a ninth. March futures have rallied $1.14 per bushel from the low just eight days ago. Although the extent of this rally is likely dependent on South American weather, momentum indicators may be flashing warning signs.