They said concerns over palm oil supply and subdued
demand in the physical market weakened market sentiment, globally,
against a backdrop of a stronger US dollar.
The downtrend was
also due to investors concerned over the possibility of China tightening
further its monetary policy to fight inflation.
May trimmed RM25 to RM3,385 a tonne, June fell RM24 to RM3,285 a tonne,
July decreased RM36 to RM3,229 and August was unchanged at RM 3,255.
rose to 28,605 lots from 24,367 lots on Wednesday, while open interest
amounted to 108,476 contracts from 105,814 contracts on Wednesday.