KUALA LUMPUR: Crude palm oil futures contracts on Bursa Malaysia Derivatives closed higher yesterday due to last-minute strong buying interest before the closing bell, dealers said.
However, he said, buyers were still adopting a wait-and-see attitude due to concerns over supply and persistent worries over global economic growth.
May 2012 and June 2012 rose RM3 to RM3,368 and RM3,369 a tonne.
Volume fell to 23,092 lots from 31,440 lots last Friday while open interest dropped to 125,431 contracts from 128,166 contracts.
On the physical market, May South declined RM30 to RM3,370 a tonne.
Source : Business Times