CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives
closed higher yesterday due to strong buying interest, dealers said.
June 2011, July 2011 and August 2011 increased RM21 each to close at
RM3,269, RM3,281 and RM3,260 a tonne respectively, while September
2011 gained RM22 to RM3,262.
Turnover declined to 24,692
lots from the 27,266 lots last Friday while open interest rose to
113,415 contracts from 112,559 contracts previously.
On the physical market, June South improved to RM3,300 a tonne from RM3,270 on Friday.