Trader's Comment:Volatility in FCPO continues as prices plunged 8% at on stage

Volatility in FCPO continues as prices plunged 8% at on stage. Good export figures failed to lift the prices as players remained concern over default cases. Sharp drop in e-CBOT, Dalian palm and soyoil futures prices coupled with lower crude oil prices trading in Asian time zone led benchmark Oct08 prices dived to crack below 2400 at 2392 before the end of morning session.