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Thursday, August 21, 2008
Trader's Comment:Strong external factors led CPO futures to climb higher
Strong external factors led CPO futures to climb higher and trade above 2600 level. Positive rival soyoil prices trading in e-CBOT and steady crude oil as well as strong finish in Dalian provided the friendly sentiment at closed. Benchmark Nov08 settled RM62 higher at 2653 after trading between 2606 to 2672.