Palm Futures end Mixed on Trade Sentiment

KUALA LUMPUR: Crude palm oil (CPO) futures prices on Malaysia Derivatives Exchange continued to trade mixed yesterday on the back of mixed market sentiment, dealers said.

Phillip Futures Sdn Bhd Investment Analyst David Ng said the local market rebounded from its recent sluggish performance as investors took cue from the positive movement of the overnight soybean oil price.

At close, June 2013 and July 2013 were unchanged at RM2,316 per tonne and RM2,341 per tonne respectively while August 2013 rose RM24 to RM2,359 per tonne and September 2013 added RM21 to RM2,350 per tonne.

Source : Business Times 

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