Malaysian Palm Oil Wildlife Conservation Fund (MPOWCF)
palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed
higher on strong demand due to continuing bullish sentiment, dealers
said yesterday. They said prices were also bolstered by a stronger
ringgit against the greenback.
October 2010 fell RM9 to RM2,746 a
tonne. November 2010 rose RM6 to RM2,729, December 2010 went up RM3
to RM2,733 and January 2011 added RM5 to RM2,741.
volume fell to 12,137 lots from 23,570 lots on Thursday while open
interests gained to 68,718 contracts from 66,946 previously. On
the physical market, October South was flat at RM2,750.
Source : Business Times
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