CPO Futures end Higher

KUALA LUMPUR: Crude palm oil futures contract on Bursa Malaysia Derivatives closed higher yesterday, supported by the dry weather in soya-producing countries. 

Spot month February 2013 was RM12 higher at RM2,370 a tonne, March 2013 was RM17 better at RM2,400, April 2013 added RM20 to RM2,420 and May 2013 rose RM21 to RM2,440.

Turnover fell to 25,074 lots from 44,307 lots while open interest declined to 197,364 contracts from 217,050 on Friday.

On the physical market, February South was unchanged at RM2,280 a tonne.

Source :  Business Times

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