Trader's comment:Substantial gains in overnight soyoil and crude oil prices underpinned FCPO market

Substantial gains in overnight soy complex and NYMEX crude oil prices led CPO futures to end generally higher. Trading was volatile as prices were swinging up and down like roller-coaster in the afternoon session. It tumbled to hit intra-day low at 2569 and recover to 2635 before it settled RM72 higher at 2620. It hit intra-day high at 2656 after the morning opening bell.