Indian RSO futures January contract ended the last day down by 1.49% at Rs 752.75 per 10 kg. US soybean futures ended higher, fueled by traders maintaining risk premium in the market amid the uncertainties surrounding South American crop potential. CBOT March soy end up 2 1/2c at $12.30/bushel. March soy oil dropped 0.08c to 53.03c/pound. The contract is currently trading lower at 53.01, down 0.02 cents per pound. The BMD CPO March 2012 contract is currently trading lower at MYR 3217, down by MYR 8 per tonne over the last close. The contract moved in the range of MYR 3232-3206 per tonne. Technically, the contract is likely to find support at Rs 751.30, Rs 746.60 while resistance is at Rs 755.40, Rs 759.30 per 10 kg.
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