Facts behind curtain-
*KLC April 2024 performance worst ever
-Peaks 4443 RM 3 April
-Today finish 1st session 3976 Ringit
-sharp 465 RM crash from mth high in 8 days
-highest 1mth crash of decade
*Past Highest mth crash
-2021 April/341 RM
-2023 April/405 RM
MPOB 15 April Officially declared:
-CPO/RBD stocks many mths low
*Tight supply effect
-29March Spot KLC trades 131RM over 3rd month
-spot mth Premium soared to 201RM on Mpob Report day
-today Premium further elevates to 147 Ringit
-Still KLC marked highest-ever crash in very few 8 days session