CPO Futures Close Mixed

KUALA LUMPUR: Crude palm oil futures (CPO) contracts closed mixed for the second consecutive day yesterday amid a cautious market due to a high stock position, a dealer said.

She said Asian shares edged higher yesterday as investors remained cautiously optimistic that a German court would approve the legality of eurozone’s bailout fund later in the day and the United States’ Federal Reserve may deliver further stimulus measures this week.

September 2012 and October 2012 fell RM14 to RM2,818 and RM2,879 respectively, November 2012 was RM11 higher at RM2,930 and December 2012 added RM5 to RM2,968.
On the physical market, September South remained unchanged at RM2,780 a tonne.

Source :  Business Times

Leave a Reply