Crude palm oil (CPO) futures contract on Bursa Malaysia - TopicsExpress

Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher yesterday on the back of strong export performance reported by cargo surveyors, Intertek Testing Services and Societe Generale de Surveillance. China and India have decided to increase their imports to stock up for Ramadhan, he added. May 2014 gained RM4 to RM2,705, June 2014 rose RM8 to RM2,676, July 2014 improved RM9 to RM2,660 and August 2014 added RM8 to RM2,650 per tonne. Turnover fell to 21,187 lots from 25,161 lots while open interest declined to 204,787 contracts versus 208,371 previously. On the physical market, April South lost RM10 to RM2,720 a tonne. Bernama

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