The Malaysian CPO futures gained further in the early trading session with August contract currently quotes up at MYR 3164, up MYR 20 per tonne. The counter moved in the range of MYR 3171-3135 per tonne. The US market was closed on Monday. The E- CBOT July 2012 Soya Oil is currently trading up at 50.21, up 0.09 cents per pound.The RSO ended with smart gains for the fourth straight sessions on bargain buying with June contract ending the last day up by Rs 3.55 or 0.49% at Rs 731.20 per 10 kg. The counter moved in the range of Rs 732.20-726.40 per 10 kg. Technically, the RSO June contract is likely to find resistance at Rs 735.50, Rs 740 while support is at Rs 728.50, Rs 724.50 per 10 kg.
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