PRICES on the crude palm oil (CPO) futures market ended lower on
profit-taking activities ahead of the weekend, dealers said.
OSK
Research, in its research note, said that near-term outlook for the
commodity remained bearish.
July 2010 eased RM6 to RM2,451 per
tonne, August 2010 declined RM4 to RM2,409 per tonne, September 2010
fell RM6 to RM2,384 per tonne and October 2010 slipped RM7 to RM2,373
per tonne.
Turnover was down at 8,947 lots, from 12,431 lots on Thursday, while
open interest was unchanged at 76,131 contracts.
On the physical
market, June South was flat at RM2,480 per tonne.
Source : Business Times
