CPO Futures End Easier on Profit-Taking

CRUDE palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed easier yesterday on further profit-taking by speculators and

lower crude oil prices.

May and June contracts fell RM25 each to

RM3,387 per tonne and RM3,355 per tonne respectively while July shed

RM30 to RM3,330 per tonne and August fell RM31 to RM3,320 per tonne.

Turnover

rose to 19,588 lots from 12,891 lots on Monday while open interest

increased to 106,265 contracts from 105,998 contracts previously.

On the physical market, May South stood unchanged at RM3,420 per tonne.

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