CPO Futures Dip on Weak Sentiments

KUALA LUMPUR: Weak market sentiments influenced the crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives to close lower yesterday, a dealer said.

May 2014 eased RM8 to RM2,632 a tonne, June 2014 lost RM14 to RM2,591 a tonne, July 2014 fell RM15 to RM2,568 a tonne and August 2014 declined RM12 to RM2,560 a tonne.

Turnover fell to 30,988 lots from 35,871 lots while open interest narrowed to 214,763 contracts versus 220,513 contracts previously.

On the physical market, May South lost RM25to RM2,645 a tonne. Bernama

Source : New Straits Times 

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