The Crude Palm Oil Futures Closing
PALM OIL PRICES ON
Wednesday, August 6, 2008
Source from The Star
The Crude Palm Oil Futures Closing : Tuesday, 5 August 2008
(Prices are in RM/tonne)
|
MONTH |
OPEN |
HIGH |
LOW |
SETT |
VOL |
O.P. |
|
AUG 08 |
2804 |
2808 |
2721 |
2756 |
287 |
2008 |
|
SEP 08 |
2745 |
2790 |
2710 |
2450 |
1181 |
7702 |
|
OCT 08 |
2750 |
2787 |
2700 |
2750 |
7509 |
19231 |
|
NOV 08 |
2750 |
2784 |
2699 |
2750 |
2728 |
10937 |
|
DEC 08 |
2783 |
2783 |
2710 |
2750 |
427 |
3860 |
|
JAN 09 |
2774 |
2774 |
2750 |
2768 |
110 |
2426 |
|
MAR 09 |
2802 |
2802 |
2752 |
2751 |
43 |
1854 |
|
MAY 09 |
|
|
|
2752 |
|
2219 |
|
JUL 09 |
2765 |
2765 |
2715 |
2760 |
321 |
2246 |
|
SEP 09 |
2761 |
2761 |
2710 |
2760 |
147 |
808 |
|
NOV 09 |
|
|
|
2730 |
|
430 |
|
JAN 10 |
|
|
|
2715 |
|
791 |
|
MAR10 |
|
|
|
2715 |
|
183 |
|
MAY10 |
|
|
|
2715 |
|
1233 |
|
JUL 10 |
|
|
|
2715 |
|
33 |
|
|
|
|
|
|
Total Open Position |
: 55,961 ctrs |
|
|
Total Turnover |
: 12,653 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 on Bursa Malaysia Derivatives closed lower for the second consecutive day today as players unloaded their holdings and took a cautious approach following the volatile commodities market.
The market seemed to lose its strenght due to expectations of rising stock and slowdown in demand in reaction to the slower global economic growth. The lower prices are also inline with the down trend in soyoil prices amid the weakening in crude oil prices.
For the CPO contract prices on Bursa Malaysia Derivatives, August, September, October and November delivery contract lost RM140 each to settle at RM2,756, RM2,750, RM2,750 and RM2,750 per tonne respectively. On the physical market, August South went down to RM2,780/MT from RM2,890/MT yesterday. - BERNAMA
