closed lower yesterday as traders covered their profits on growing
concerns that the US debt default will affect demand and exports of CPO,
The lower oil price yesterday, near US$99 (US$1.00 = RM2.97) a barrel also weighed on the market, they said.
2011 declined RM41 to RM3,097 a tonne, September 2011 decreased RM42 to
RM3,099 a tonne, October 2011 eased RM40 to RM3,100 a tonne and
November 2011 slipped RM42 to RM3,097 a tonne.
Turnover increased to 27,685 lots from 20,235 lots last Friday while
open interest was lower at 133,671 contracts from 135,015 contracts
Source : Business Times