The Crude Palm Oil Futures Closing
PALM OIL PRICES ON BURSA MALAYSIA
Wednesday, January 30, 2008
Source from The Star
The Crude Palm Oil Futures Closing: Tuesday, 29 January 2008
(Prices are in RM/tonne)
|
MONTH |
OPEN |
HIGH |
LOW |
SETT |
Vol |
O.P |
|
FEB 08 |
3211 |
3226 |
3200 |
3201 |
73 |
501 |
|
MAR 08 |
3191 |
3220 |
3175 |
3197 |
490 |
12288 |
|
APR 08 |
3195 |
3230 |
3176 |
3200 |
6577 |
17308 |
|
MAY 08 |
3198 |
3225 |
3186 |
3200 |
764 |
8280 |
|
JUN 08 |
3200 |
3220 |
3180 |
3188 |
140 |
726 |
|
JUL 08 |
- |
- |
- |
3200 |
- |
1307 |
|
SEP 08 |
- |
- |
- |
3191 |
- |
819 |
|
NOV 08 |
3180 |
3188 |
3180 |
3188 |
63 |
442 |
|
JAN 09 |
- |
- |
- |
3180 |
- |
1169 |
|
MAR 09 |
- |
- |
- |
3125 |
- |
747 |
|
MAY 09 |
- |
- |
- |
3103 |
- |
315 |
|
JUL 09 |
- |
- |
- |
3103 |
- |
270 |
|
SEP 09 |
- |
- |
- |
3093 |
- |
205 |
|
NOV 09 |
- |
- |
- |
3125 |
- |
60 |
|
NOV 10 |
- |
- |
- |
3125 |
- |
- |
|
|
|
|
|
|
Total Open Position |
: 44,437 ctrs |
|
|
Total Turnover |
: 8,107 lots |
|
|
Market Tone |
: Higher |
|
|
|
|
The Palm Kernel Oil Futures
(Prices are in RM/tonne)
|
MONTH |
OPEN |
HIGH |
LOW |
SETT |
VOL |
O.P |
|
JAN 08 |
- |
- |
- |
4052 |
- |
- |
|
FEB 08 |
- |
- |
- |
4052 |
- |
- |
|
MAR 08 |
- |
- |
- |
4052 |
- |
- |
|
APR 08 |
- |
- |
- |
4052 |
- |
- |
|
MAY 08 |
- |
- |
- |
4052 |
- |
- |
|
JUN 08 |
- |
- |
- |
4052 |
- |
- |
|
JUL 08 |
- |
- |
- |
4052 |
- |
- |
|
|
|
|
|
|
Total Open Position |
: Nil |
|
|
Total Turnover |
: Nil |
|
|
|
|
THE CPO futures remained resilient to profit-taking inspire selling pressure, but still mired within defined trading band. The April delivery contract ended higher by RM50 to close at RM3,200/MT.
Riding on spill-over strenght from the firm Crude oil futures, the April delivery contract traded steadily above the RM3,200/MT mark for most part of the session. This is because, a potential near-term cut in the
The market is temporarily fenced-in by the minor downward slopping trend-line resistance at RM3,215/MT. A convincing breach above this would propel the market higher to re-test the recent historical high at RM3,420/MT.
