CPO Futures End Lower

KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended lower yesterday on the back of the strengthening ringgit amid sluggish export performance, a dealer said.

At the close, spot month September 2014 slipped RM39 to RM1,996 a tonne, October 2014 fell RM33 to RM1,974, November 2014 was down by RM36 to RM1,976 while December 2014 lost RM28 to RM2,009 a tonne.

Volume rose to 62,205 lots from 52,303 lots on Tuesday while open interest rose to 310,358 contracts from 296,840 previously.

On the physical market, September South dipped RM10 to RM2,030 a tonne from RM2,040 a tonne previously. Bernama


Source : New Straits Times

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