CPO Futures Finish Higher

CRUDE palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher yesterday, in line with gains in other vegetable oil

prices, dealers said.

May 2011 rose RM65 to RM3,375 per tonne,

June 2011 increased RM78 to RM3,355 per tonne, July 2011 gained RM60 to

RM3,315 per tonne and August 2011 was RM75 higher at RM3,325 per tonne.

Turnover increased to 26,779 lots from 25,04 lots, and open

interests rose to 105,262 contracts from 103,904 contracts on Tuesday.

On the physical market, April South rose to RM3,380 per tonne from RM3,320 per tonne on Tuesday.

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