CRUDE palm oil futures on Bursa Malaysia Derivatives closed higher
yesterday prompted by bargain hunting after two days of consecutive
losses, a dealer said.
March 2011 rose RM59 to RM3,565 a tonne,
April 2011 increased RM62 to RM3,542 while May 2011 and June 2011 added
RM60 each to RM3,515 and RM3,495 a tonne, respectively.
Turnover
fell to 29,810 lots from 48,704 lots on Thursday while open interest
declined to 107,659 contracts from 108,551 previously.
On the physical market, March South rose RM100 to RM3,630 a tonne.
