Trader's comment:Substantial gains in overnight soyoil and crude oil prices underpinned FCPO market
Posted by Labels: Trader's highlightSubstantial gains in overnight soy complex and NYMEX crude oil prices led CPO futures to end generally higher. Trading was volatile as prices were swinging up and down like roller-coaster in the afternoon session. It tumbled to hit intra-day low at 2569 and recover to 2635 before it settled RM72 higher at 2620. It hit intra-day high at 2656 after the morning opening bell.
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