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Monday, August 4, 2008
Trader's comment: FCPO ended in triple digit losses after two days rebound
CPO futures failed to defend to end in triple digit losses after two days rebound. Weaker overnight NYMEX crude oil prices coupled with losses in e-cbot soyoil prices dampened further the BMD CPO futures. Benchmark Oct fell RM 100 to settle at RM 2950 with total volume stood at 10,136 contract changed hands.