Palm Futures End Mixed On Lack Of Interest

Crude  palm oil futures prices on Bursa Malaysia Derivatives closed mixed yesterday on lack of strong buying interest, dealers said.

Most players remained sidelined ahead of slew industry data expected to be released today by two cargo surveyors and the Malaysian Palm Oil Board (MPOB).

At the close, March and April fell RM5 each to RM3,638 per tonne and RM3,618 per tonne, respectively. May gained RM1 to RM3,585 per tonne and June increased RM4 to RM3,558 per tonne.

Turnover declined to 13,566 lots, from 17,621 lots registered yesterday, while open interest increased to 95,878 contracts, from 95,048 contracts, recorded previously.

Source: Business Times

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