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Trader's comment:Good export number failed to excite the FCPO market as the numbers were within expectation

Posted by Flora Sawita Labels:

Good export number failed to excite the FCPO market as most players had more or less anticipated that number. ITS put 1-25 July08 export at 1.13 million tonnes while SGS pegged at 1.11 million tonnes (yesterday market was talking about 1.10 million tonnes). At closed, Oct08 settled RM43 lower at 3070 after trading between 3116 to 3065.

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