CPO Futures End Mixed

KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed mixed today despite a report that China banks have released finances to commodities companies that utilise commodity financing, a dealer said.

At the close, spot month September 2014 slipped RM12 to RM1,984 a tonne, October 2014 rose RM2 to RM1,976, November 2014 remains unchanged from Wednesday’s RM1,976 while December 2014 added RM3 to RM2,012 a tonne.

Volume was down to 49,349 lots from 62,205 lots on Wednesday while open interest declined to 302,110 contracts from 310,358 previously.

On the physical market, September South dipped RM20 to RM2,010 a tonne from RM2,030 a tonne previously. Bernama


Source : New Straits Times

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