Palm Futures end Mixed

KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed mixed yesterday amid the stronger ringgit against the US dollar, a dealer said.

He said traders are mostly cautious ahead of the monthly industry data on Malaysia’s palm oil stocks, output and exports to be released next week by the Malaysian Palm Oil Board.

July 2014 rose RM19 to RM2,469 a tonne, August 2014 was up RM1 at RM2,441, September 2014 lost RM3 to RM2,424 and October 2014 eased RM4 to RM2,421.

Volume widened to 53,483 lots from 27,522 lots while open interest rose to 258,745 contracts from 229,647 contracts.

On the physical market, July South rose RM10 to RM2,480 a tonne.Bernama


Source : New Straits Times

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