OIL MARKET WATCH

[Dow Jones] BMD CPO futures down tracking weakness in soyoil overnight, say traders. Benchmark April CPO contract down
MYR14 at MYR1,731/ton. Recovery in soyoil and crude oil futures in afterhours trade may provide support. "The market is
at a point where it should find support, and with crude oil and soyoil futures both trading higher in after-hours
trade, there is good likelihood CPO prices may rise," says a Kuala Lumpur-based trader. Support seen at
MYR1,700-MYR1,720/ton. (FBS)