CPO Closed Lower

KUALA LUMPUR: The crude palm oil futures contracts on Bursa Malaysia Derivatives closed lower for the second consecutive day yesterday due to lack of market-moving factors, a dealer said. 

April 2013 slipped RM23 to RM2,405 a tonne, May 2013 lost RM28 to RM2,427 a tonne, June 2013 was RM25 lower at RM2,437 and July 2013 futures price eased RM22 to RM2,442 a tonne. 

Turnover fell to 22,246 lots from 35,577 lots while open interest slid to 182,742 contracts from 200,505 contracts. 

On the physical market, March South declined RM10 to RM2,420 a tonne. Bernama

Source : Business Times 

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