Golden Agriculture will release its earnings tomorrow. This will be followed by Noble Group on Tuesday. I find that the earnings report release will determine the direction of the two commodities stock in the interim. The stock prices of these two commodity stocks have been in the doldrums for quite some months already. These two stocks have prices which are really at a discount currently and hence any good news in the earnings reports of these two stocks will likely see some upbeat rise in their stock prices. STI is currently hovering around 3,400 but the stock prices of these two commodities are not on par with the current good level of the STI. The high stockpiles of CPO leads to Golden Agriculture stock price to be in the current trading range of $0.55. I see this just as a industrial situation which will recover. Just some months ago, ......
