THE crude palm oil futures market ended generally higher on Bursa
Malaysia Derivatives yesterday, on the back of improved export data for
early June.
Two independent cargo surveyors, Intertek Testing
Services (ITS) and Societe Generale de Surveillance (SGS) yesterday
released the country’s CPO export data for the first 20 days of June.
SGS
said exports of Malaysian palm oil products for June 1-20 rose 15.5 per
cent to 914,849 tonnes from 791,971 tonnes shipped in May 1-20 period.
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Meanwhile, ITS reported an increase of 16.8 per cent in June’s palm oil
products shipment at 906,321 tonnes from 775,995 tonnes in the same
period of May.
Source : Business Times
