CPO Futures Mixed on Mild Profit-Taking

CRUDE palm oil futures prices on Bursa Malaysia Derivatives closed mixed yesterday on mild profit-taking, dealers said.

The

November 2010 and December 2010 contracts rose RM8 each to RM3,088

and RM3,093 a tonne, respectively. January 2011 went down RM2 to RM3,090

and February 2011 was unchanged at RM3,091.

Total volume

declined to 12,719 lots from 14,307 lots yesterday while open interest

decreased to 71,293 contracts from 72,436 previously. On the

physical market, November South was RM89 lower at RM3,001 a tonne.

Source : Business Times

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