It is always the case te market goes down. Then all sorts of bearish news and rumours will pervade the info scene. Like I heard someone say, "They are hiding 5 million tonnes of cpo, so there is a lot of supply around" I wonder where on earth someone can hide 5 million tonnes of oil, in Batu Caves?

Another rumour or news is that yesterday there was massive default by the purchasers of the cpo. How come there is no contract law principles here. If they do not want to honour the legal contract, next time they come to buy, the producers should ask them to fly kite.

In the final analysis, whenever the market makes a big move either side, the natural tendency is to ask "WHY?" And there will be a plethora of rumour creation, just to add spice to the move. And it was just a matter of 3 weeks ago the 'concern' was for the hot weather in the US mid west causing the 'worstcrop for 15 years.'