CRUDE palm oil (CPO) futures contract on Bursa Malaysia Derivatives
closed slightly higher yesterday despite volatile trade, dealers said.
At
the close, August 2011 shed RM10 to RM3,100 per tonne while September
2011 climbed RM30 to RM3,000 per tonne, October 2011 rose RM17 to
RM2,937 per tonne and November 2011 increased RM12 to RM2,907 per tonne.
Volume dropped to 23,960 lots, from Tuesday’s 35,313 lots, while open interest remained unchanged at 129,215 contracts.
On the physical market, August South fell RM40 to RM3,110 per tonne.
