CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher yesterday driven by favourable weather and strong demand, dealers
said.
April and May rose RM21 each to close at RM3,455 and
RM3,430 a tonne, respectively, while June and July gained RM18 each
to RM3,417 and RM3,408 respectively.
Turnover declined to
27,224 lots from 32,390 lots last Friday while open interest rose to
101,964 contracts from 98,009 contracts previously.
On the physical market, April South was RM20 higher at RM3,470 a tonne.
