CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower yesterday.
A
dealer said the market was still eyeing to hit the RM3,000 level and
waiting for cargo surveyors, Intertek Testing Services and Societe
General de Surveillance, to announce their export estimates for the
October 1-20 period.
The November 2010 contract fell RM40 to
RM2,890 per tonne, December 2010 slipped RM43 to RM2,887 per tonne,
January 2011 lost RM47 to RM2,889 per tonne and February 2011 dropped
RM46 to RM2,890 per tonne.
Total volume rose to 20,653 lots from 19,448 lots last Friday.
Source : Business Times
