CPO Futures hourly indicator almost cut loss and turn sell at 4pm 3232 and lower.
The hourly indicator will cut loss and turn sell if 5pm palm oil is traded below 3252, the stop limit order which suggested in the morning post.
Traders who put the stop limit order at 3252 had been triggered with loss of over 30 ticks but may have protected from further losses.
MPOB stock was higher than expected at 1.95 million tons. Intertek and SGS gave palm oil export at 395k and 412k tons for the first 10 days of June.