CPO Futures Close Slightly Easier

CRUDE palm oil futures on Bursa Malaysia Derivatives closed slightly

easier yesterday on profit-taking after hitting a fresh three-year high

of RM3,931 a tonne on Wednesday, a dealer said.

February 2011

declined by RM5 to close at RM3,966 a tonne, March 2011 fell RM5 to

RM3,954, April 2011 shed RM5 to RM3,926 and May 2011 slipped by RM2 to

RM3,888.

Total volume swelled to 35,028 lots from 28,604 on

Wednesday while open interest dwindled to 90,858 contracts from 89,749

on Wednesday.

On the physical market, February South rose to RM3,970 a tonne from RM3,960 previously.

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