KUALA LUMPUR: The crude palm oil futures on Bursa Malaysia Derivatives closed slightly higher yesterday, with investors remaining cautious over the global economic climate, a dealer said.
He said the market rebounded with some short covering and was above the RM3,000 psychological support.
June 2012 added RM9 to RM3,111 a tonne, July 2012 gained RM12 to RM3,105 a tonne, August 2012 rose RM8 to RM3,095 and September 2012 added RM15 to RM3,090.
Volume fell to 32,671 lots after recording a historical high of 63,019 lots previously.
Open interest rose to 120,462 contracts from 117,654 contracts transacted yesterday.
On the physical market, May South was up RM10 to RM3,160 a tonne.
Source : Business Times