CPO Futures End Lower on Profit Taking

CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed lower yesterday on profit-taking, said dealers.

Weaker other vegetable oil prices also encouraged players to trim their position, they said.


the close, October 2010 fell RM37 to RM2,735 a tonne, November 2010

declined RM41 to RM2,679, December 2010 eased RM34 to RM2,674 and

January 2011 slipped RM33 to RM2,674 .

Total volume dwindled to 11,961 lots from 15,407 lots yesterday and

open interests eased to 66,630 contracts from 67,834 contracts on


On the physical market, October South declined to RM2,750 a tonne from RM2,780 a tonne on Monday.

Source : Business Times

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