CPO Futures End Slightly Easier

CRUDE palm oil futures on Bursa Malaysia Derivatives closed slightly easier yesterday on profit taking, a dealer said.

March 2011 shed RM3 to RM3,967, April 2011 was down by RM22 to

RM3,933 and May 2011 slipped RM21 to RM3,885 while February 2011 eased

RM14 to RM3,968.

Turnover fell to 22,646 lots from 24,092

lots previously while open interests rose to 101,509 contracts from

98,830 previously.

On the physical market, February South slipped to RM3,960 a tonne

from RM3,980 last week. The market is closed today for the Maulidur

Rasul or Prophet Muhammad birthday

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