CPO Futures end Mixed on Lack of Leads

KUALA LUMPUR: Crude palm oil futures closed mixed yesterday on lack of fresh leads, a dealer said.

Trading in CPO’s rival, soyabean oil, on the Chicago Board of Trade, was closed due to the Independence Day holiday yesterday.

July 2012 added RM9 to RM3,107 a tonne, August 2012 declined RM1 to RM3,113 a tonne, September 2012 fell RM8 to RM3,122 a tonne and October 2012 shed RM5 to RM3,125 per tonne.

Volume decreased to 26,553 lots from 34,976 lots yesterday, while open interest fell to 124,088 contracts from 131,221 contracts previously.

On the physical market, July South advanced RM10 to RM3,120 a tonne.

Source : Business Times

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