CPO Futures Ease

CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives

closed lower yesterday in line with the downtrend on the Chicago Board

of Trade and the Dalian Commodity Exchange, dealers said.

March

2011 and April 2011 fell RM107 each to close at RM3,643 and RM3,623 a

tonne respectively. May 2011 and June 2011 fell RM111 each to RM3,584

and RM3,554 respectively.

Turnover increased to 17,621 lots

from 16,177 lots previously. Open interests, however, fell to 95,048

contracts from 99,165 contracts previously.

On the physical market, March South slipped to RM3,660 from RM3,770 previously.

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