CPO Futures Contracts Closed Higher Yesterday

KUALA LUMPUR: Crude palm oil (CPO) futures contracts closed higher yesterday, taking the cue from the firm soya oil prices on the Chicago Board of Trade.

Spot month September 2013 rose RM26 to RM2,393 per tonne, October 2013 gained RM30 to RM2,354 per tonne, November 2013 added RM24 to RM2,333 per tonne and December 2013 increased RM25 to RM2,328 per tonne.

Volume advanced to 39,337 lots from 31,590 lots last Friday while open interest rose to 217,589 contracts versus 213,092 contracts.

On the physical market, September South rose RM40 to RM2,420 a tonne. Bernama

Source : Business Times 

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