The Crude Palm Oil Futures Closing
PALM OIL PRICES ON BURSA MALAYSIA
Tuesday, April 29, 2008
Source from The Star
The Crude Palm Oil Futures Closing: Monday, 28 April 2008
(Prices are in RM/tonne)
|
MONTH |
OPEN |
HIGH |
LOW |
SETT |
Vol |
O.P |
|
MAY 08 |
3470 |
3500 |
3470 |
3497 |
64 |
1277 |
|
JUN 08 |
3410 |
3510 |
3410 |
3510 |
495 |
8758 |
|
JUL 08 |
3411 |
3516 |
3398 |
3510 |
7309 |
17169 |
|
AUG 08 |
3410 |
3512 |
3410 |
3510 |
772 |
5393 |
|
SEP 08 |
- |
- |
- |
3495 |
- |
1750 |
|
OCT 08 |
- |
- |
- |
3495 |
- |
- |
|
NOV 08 |
- |
- |
- |
3481 |
- |
1701 |
|
JAN 09 |
3470 |
3470 |
3470 |
3480 |
20 |
1272 |
|
MAR 09 |
- |
- |
- |
3460 |
- |
801 |
|
MAY 09 |
- |
- |
- |
3460 |
- |
325 |
|
JUL 09 |
- |
- |
- |
3459 |
- |
270 |
|
SEP 09 |
- |
- |
- |
3459 |
- |
215 |
|
NOV 09 |
- |
- |
- |
3459 |
- |
70 |
|
JAN 10 |
- |
- |
- |
3471 |
- |
35 |
|
MAR 10 |
- |
- |
- |
3471 |
- |
|
|
|
|
|
|
|
Total Open Position |
: 39,036 ctrs |
|
|
Total Turnover |
: 8,660 lots |
|
|
Market Tone |
: Higher |
|
|
|
|
The Palm Kernel Oil Futures
(Prices are in RM/tonne)
|
MONTH |
OPEN |
HIGH |
LOW |
SETT |
VOL |
O.P |
|
MAY 08 |
- |
- |
- |
3950 |
- |
- |
|
JUN 08 |
- |
- |
- |
3950 |
- |
- |
|
JUL 08 |
- |
- |
- |
3950 |
- |
- |
|
|
|
|
|
|
Total Open Position |
: Nil |
|
|
Total Turnover |
: Nil |
|
|
|
|
CPO futures prices on Bursa Malaysia Derivatives closed mostly higher today, influenced by the increasing world oil price. Palm oil is an alternative biofuel source which makes it a much sought after commodity amid the rising oil price. The benchmark thirdmonth July contract rose RM91 to RM3,510/MT from RM3,419/MT last Friday. On the physical market, April South was higher at RM3,510/MT from last Friday’s RM3,410/MT.
- BERNAMA
