Palm | Kelapa Sawit

Market looks struggle to survive at 1800 mark following prices has been hovering tightly between 1800 to 1870 level after covered the full gap at 1844-1856. Chart wise, market remains in sideways mode. We continue to look for downside support at 1800-1790 followed by 1738-1723. Upside resistance is at 1890-1900 followed by 1913-1935 (gap left over on 13/1/2009).