CPO Futures Finish Easier

CRUDE palm oil futures ended easier on Bursa Malaysia Derivatives yesterday as the market continued to be pressured by external factors, dealers said.

January 2011 declined RM36 to RM2,814 a tonne, November 2011 and December 2011 dropped RM35 each to RM2,825 and RM2,810, respectively, while October 2011 slipped RM29 to RM2,855.

Trading volume increased to 25,612 lots, from 25,088 lots on Monday, while open interest amounted to 132,902 contracts, from 131,458 previously.

On the physical market, October South slipped RM20 to RM2,850 a tonne

Source: Business Times

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