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Tuesday, July 22, 2008
Breaking News-FCPO tumbles to 4-month low
CPO futures plunge further to crack 3200 in the earlier session trading, tracking limit down in Dalian soyoil and palm futures contracts and also lower e-cbot. Dalian limit down move was pressured by a report said that heavy arrivals of soybeans in June and ample supplies of soyoil as a result of higher output by crushers.