October 6, 2009

FCPO Trading 7th October 2009

FCPO closed 2062, up 20pts Tuesday. Palm oil registered a volatile price
movement as prices broke the immediate support of 2020 and later created new highs for the day in the second half. Prices rebounded towards 2070. If prices continue to sustain, next target would be 2100. Immediate support at 2013 followed by a stronger one at 2000.

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