CPO Futures End Slightly Lower

CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended

slightly lower yesterday on a technical correction, dealers said.

The dealers also said the market sentiment was dragged down by weaker

export data released by cargo surveyors, Societe Generale de

Surveillance (SGS) and Intertek Testing Services (ITS).

SGS

reported that exports of Malaysian palm oil products fell 0.3 per cent

to 954,441 tonnes from March 1-25 compared with the 957,224 tonnes

shipped during the same period in February. – Bernama

Source : Business Times

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