CPO Futures End Marginally Higher

CRUDE palm oil futures contracts on Bursa Malaysia Derivatives closed

slightly higher yesterday amid the uptrend in soyabean prices in US

market and the Dalian Commodity Exchange, dealers said.

March

2011 jumped RM11 to RM3,737, April 2011 climbed RM11 to RM3,718, May

2011 rose RM13 to RM3,669 and June 2011 added RM23 to RM3,625.

Turnover increased to 29,573 lots from 25,633 lots on Monday, while

open interest rose to 111,542 contracts from 111,250 contracts

previously.

On the physical market, March South increased to RM3,750 per tonne from RM3,740 per tonne previously.

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