CPO Futures Higher

At the close, December 2009 gained RM58 to RM2,370 per tonne, January 2010 rose RM66 to RM2,386 per tonne, February 2009 added RM58 to RM2,400 per tonne and March 2010 went up RM52 to RM2,400 per tonne. The day’s turnover was higher at 18,323 lots compared with 15,604 lots the previous day while open interest declined to 94,536 contracts from 96,098 contracts earlier. On the physical market, November South increased to RM2,300 per tonne from RM2,280 per tonne the previous day. Source : Business Times

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