CPO Futures End Slightly Higher

CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended slightly higher in thin trade yesterday.

“The

morning session opened higher, but pared down its gains towards the

close,” a dealer said, adding that speculators were sidelined awaiting

fresh data from the market.

At close, April 2011 gained RM15 to

RM3,335 per tonne, May 2011 increased RM13 to RM3,301 per tonne, June

2011 added RM21 to RM3,282 per tonne and July 2011 climbed RM20 to

RM3,272 per tonne.

On the physical market, April South gained RM10 to RM3,360 per tonne.

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