CPO Futures Ease on Mideast Unrest

CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower yesterday on concerns over the unrest in the Middle East and big

refiners selling down the market, a dealer said.

March 2011 and

April 2011 slid RM72 to RM3,506 and RM3,480 respectively, while May 2011

dwindled RM59 to RM3,455 and June 2011 eased RM43 to RM3,435.

Bursa

Malaysia Derivatives announced yesterday crude palm oil futures

contracts reached an all-time high for the daily volume yesterday,

surpassing the previous record of 41,879 contracts on November 18 2010.

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