CPO Futures End Lower on Mild Profit-Taking

CRUDE palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended lower yesterday on mild profit-taking, dealers said.

At close, April 2011 fell RM13 to RM3,347 per tonne, May 2011 lost RM7

to RM3,328 per tonne, June 2011 slid RM2 to RM3,306 per tonne and July

2011 unchanged at RM3,293 per tonne.

Turnover rose to

26,032 lots from 25,617 lots on Tuesday while open interest slipped to

93,157 contracts from 90,920 contracts previously.

On the physical market, April South was unchanged at RM3,380 per tonne. — Bernama

Leave a Reply