91.   Gasoline in the cash market also softened Tuesday, especially late in the day, ahead of inventory data widely expected to pad the supply cushion.

92.   He added the futures market will continue to monitor the cash market closely today.

93.   He also foresees the cash market to have a slight rebound today.

94.   He added the futures market will continue to monitor the cash market and further developments in Indonesia today.

95.   He adds short positions in the May futures is expected to build up in the next couple of days as traders expect the cash market to drift lower.

96.   He expects futures market to move higher in the next few days in anticipation that the cash market will continue its rally.

97.   He noted that a plunge in the futures market also helped drag the cash market down.

98.   He said futures traders are expected to short futures if there is a rebound in the cash market today.

99.   He foresees the cash market to stay sidelined in the next few days ahead of any fresh leads.

100.   He said there is no change in the fundamentals and the cash market is not expected to see any turnaround at the moment.