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Thursday, July 24, 2008
CPO futures rebounded from yesterday sharp fall
CPO futures rebounded from yesterday sharp fall to end generally higher on short covering activities and on expecting of higher export number for 1-25 July which scheduled to release by private cargo surveyors tomorrow. Market is talking about 1.1 million tonne. Last month (1-25 June) was at 899k (ITS) and 926k (SGS).