CPO Futures end Easier on Weak Export

KUALA LUMPUR: Crude palm oil futures contracts closed easier today following lower export numbers for March, dealers said.

“Weak export data from Intertek Testing Services dampened the market,” a dealer said,

April 2014 shed RM17 to RM2,718 a tonne, May 2014 eased RM18 to RM2,656 while June 2014 and July 2014 lost RM21 and RM23 to RM2,634 and RM2,617 respectively.

Turnover decreased to 36,123 lots from 43,465 lots last Friday and open interest dropped to 214,488 contracts from 223,067 contracts last week.

On the physical market, April South slipped RM30 to RM2,760 a tonne. Bernama

Source : New Straits Times 

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