CPO Futures Close Slightly Steadier

KUALA LUMPUR: The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed slightly higher yesterday, on the back of the upward performance of soya oil on the Chicago Board of Trade, dealers said.

March fell RM7 to RM3,248 per tonne and April gained RM13 to RM3,277 per tonne with May increasing RM12 to RM3,295 per tonne. June added RM13 to RM3,298 per tonne.

Volume rose to 20,248 lots from Monday’s 19,442 lots and open interest increased to 140,332 contracts from the 121,881 contracts recorded previously.

Source:  Business Times

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