KUALA LUMPUR: The crude palm oil futures on Bursa Malaysia Derivatives ended slightly higher yesterday, lifted by export data, dealers said.
“The market is a lot quieter these days as macro economic sentiment remains uncertain,” a dealer said, referring to the eurozone debt crisis.
Spot month June 2012 shed RM4 due to selling pressure.
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However, July 2012 appreciated RM4 to RM3,102, August 2012 added RM2 to RM3,098 and September 2012 rose RM5 to RM3,094 a tonne.
Volume decreased to 42,462 lots from 45,218 lots last Friday, while open interest slipped to 115,044 contracts from 117,052 contracts.
On the physical market, May South was flat at RM3,120 a tonne.
Source: Business Times