Crude palm oil futures gap up and traded in the range of 26 points in response to firmer soy oil futures price to closed at 2207, up 29 points. Hourly chart wise, all three indicators : the Bollinger Band, Bollinger Band width and the MACD Histrogram also biased to a upward movement for FCPO together with encouraging volume transacted. Traded in a small range, may be due to the reason market awaits tomorrow export figure data by two cargo surveyors : ITS and SGS.
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