higher amid the good export data released by cargo surveyor Societe
Generale de Surveillance yesterday, dealers said.
The report
showed that exports of Malaysian palm oil products for August 1-15 rose
nearly 30 per cent to 947,594 tonnes from 731,842 tonnes shipped during
July 1-15.
September 2011 contract gained RM86 to close at
RM3,148 a tonne, October 2011 increased RM55 to RM3,070, and November
2011 increased RM53 to RM3,036.
Turnover rose to 22,855 lots from 22,409 lots on Friday while open
interest climbed to 135,982 contracts from 134,409 contracts previously.
On the physical market, August South was down RM10 at RM3,140 per tonne.