CPO Futures End Slightly Lower

CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives Bhd closed

slightly lower yesterday due to a technical correction and the

downtrend on the Dalian Commodity Exchange, a dealer said.

March 2011 declined RM32 to close at RM 3,788 a tonne, April 2011 fell

RM9 to RM3,781, May 2011 shed RM24 to RM3,721 and June 2011 slipped RM15

to RM3,680.

Total volume increased to 34,151 lots from 25,895

on Wednesday while open interests was up to 102,293 contracts from

101,211contracts previously.

On the physical market, March South slipped to RM3,790 from RM3,830 previously.

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