The Crude Palm Oil Futures Closing
PALM OIL PRICES ON
Wednesday, July 30, 2008
Source from The Star
The Crude Palm Oil Futures Closing : Tuesday, 29 July 2008
(Prices are in RM/tonne)
|
MONTH |
OPEN |
HIGH |
LOW |
SETT |
VOL |
O.P. |
|
AUG 08 |
2986 |
3003 |
2885 |
300 |
197 |
2636 |
|
SEP 08 |
2985 |
3016 |
2865 |
2969 |
2581 |
10926 |
|
OCT 08 |
2995 |
3017 |
2861 |
2969 |
12963 |
19726 |
|
NOV 08 |
2994 |
3014 |
2865 |
2986 |
2169 |
10709 |
|
DEC 08 |
3086 |
3086 |
2875 |
2986 |
801 |
2750 |
|
JAN 09 |
3000 |
3000 |
2950 |
2970 |
24 |
2227 |
|
MAR 09 |
2975 |
2975 |
2920 |
2965 |
78 |
1504 |
|
MAY 09 |
2900 |
2900 |
2900 |
2967 |
10 |
2126 |
|
JUL 09 |
3000 |
3000 |
2983 |
2986 |
36 |
1977 |
|
SEP 09 |
2992 |
3088 |
2900 |
2970 |
89 |
851 |
|
NOV 09 |
3000 |
3000 |
2900 |
2955 |
41 |
395 |
|
JAN 10 |
3030 |
3030 |
2895 |
2950 |
68 |
736 |
|
MAR10 |
3030 |
3030 |
3000 |
2950 |
38 |
152 |
|
MAY10 |
3030 |
3030 |
3000 |
2950 |
28 |
1205 |
|
JUL 10 |
3030 |
3030 |
2900 |
2950 |
33 |
5 |
|
|
|
|
|
|
Total Open Position |
: 57,925 ctrs |
|
|
Total Turnover |
: 19,096 lots |
|
|
Market Tone |
: Lower |
|
|
|
|
The Palm Kernel Oil Futures
(Prices are in RM/tonne)
|
MONTH |
OPEN |
HIGH |
LOW |
SETT |
VOL |
O.P |
|
AUG 08 |
|
|
|
4149 |
|
|
|
SEP 08 |
|
|
|
4149 |
|
|
|
OCT 08 |
|
|
|
4149 |
|
|
|
NOV 08 |
|
|
|
4149 |
|
|
|
DEC 08 |
|
|
|
4149 |
|
|
|
JAN 09 |
|
|
|
4149 |
|
|
|
MAR 09 |
|
|
|
4149 |
|
|
|
MAY 09 |
|
|
|
4149 |
|
|
|
JUL 09 |
|
|
|
4149 |
|
|
|
|
|
|
|
|
Total Open Position |
: Nil |
|
|
Total Turnover |
: Nil |
|
|
|
|
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives extended their losses today following signs of increasing stocks.
“Commodities are topping out as global demand is slowing down. However, we expect overseas demand to start picking up ahead of the fasting month which will begin in September”, one of the dealers said.
The October delivery contract decreased RM32 to close the day at RM2,969/MT. On the physical market, August South closed lower at RM3,000/MT compared to RM3,100/MT recorded yesterday.
