news

Palm futures extend fall

KUALA LUMPUR: Crude palm oil (CPO) futures prices on Malaysia Derivatives Exchange ended lower yesterday due to the easing demand for the commodity, a dealer said.

At close, July 2014 declined RM2 to RM2,460 a tonne, August 2014 dropped RM5 to RM2,451 , September 2014 lost RM4 to RM2,442, while October 2014 eased RM6 to RM2,442 a tonne.

Volume narrowed to 36,746 lots from 45,588 lots on Thursday, while open interest eased to 221,583 contracts from 226,402 contracts previously.

On the physical market, July South lost RM90 to RM2,500 a tonne. Bernama

Most Popular
Related Article
Says Stories