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Archive for May, 2007

Market Trends

Tuesday, May 29th, 2007

Crude palm oil (CPO) futures on Bursa Derivatives closed at a record yesterday, after reports by independent cargo surveyors showed that exports continued to climb in May despite rising prices.

Sentiment was also boosted by soybean oil?s strong performance in overnight trading in

Chicago.The CPO third-month futures, the most heavily-traded contract, surged RM81, or 3.2%, to RM2,581 a tonne. The benchmark…


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