0332 GMT [Dow Jones] BMD Crude Palm Oil (CPO) futures are flat after opening higher, mirroring overnight gains in CBOT soyoil futures; traders expect any BMD gains to be limited due to palm oil's bearish demand-side fundamentals and weak technicals; "CPO's failure to rise past MYR3,162/ton could trigger long liquidation and spur bearish traders to go short," a Kuala Lumpur-based trading executive says... [ Subscribe Now To Read More ]
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