CPO Futures Lower in Quiet Trade

KUALA LUMPUR: Crude palm oil (CPO) futures prices on Malaysia Derivatives Exchange closed lower in quiet trading yesterday, dealers said.

At close, June 2014 fell RM4 to RM2,422 per tonne, July 2014 decreased RM6 to RM2,420 per tonne, August 2014 shed RM7 to RM2,416 per tonne and September 2014 decline RM8 to RM2,414 per tonne.

Volume rose to 39,382 lots from 35,465 lots on Friday, while open interest decreased to 214,346 contracts from 215,052 contracts on Friday.

On the physical market, June South slipped RM20 to RM2,440 per tonne. – Bernama

Source: Business Times

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