PALM OIL PRICES ON BURSA MALAYSIA DERIVATIVES BHD
Friday, August 15, 2008
Source from The Star

The Crude Palm Oil Futures Closing : Thursday, 14 August 2008

(Prices are in RM/tonne)

MONTH	OPEN	HIGH	LOW	SETT	VOL	O.P.
AUG  08	-	-	-	2553	-	647
SEP  08	2650	2650	2580	2551	1025	3530
OCT 08	2655	2656	2569	2548	9581	17534
NOV 08	2658	2658	2658	2550	2507	12730
DEC 08	2560	2563	2575	2550	318	5124
JAN  09	2650	2652	2590	2555	277	2893
MAR 09	2526	2626	2625	2555	20	1943
MAY 09	-	-	-	2556	-	2328
JUL 09	2600	2600	2600	2541	5	2335
SEP  09	2621	2660	2601	2541	194	968
NOV 09	2640	2640	2620	2560	61	471
JAN 10	2640	2640	2601	2560	100	829
MAR10	-	-	-	2560	-	188
MAY10	-	-	-	2560	-	1114
JUL 10	-	-	-	2560	-	33

 

	Total Open Position	: 52,6667 ctrs
	Total Turnover	: 14,088 lots

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				-
JAN  09				-
MAR 09				-
MAY 09				-
JUL 09				-

 

	Total Open Position	: Nil
	Total Turnover	: Nil

 

Crude palm oil (CPO) futures prices on Bursa Malaysia Derivaties closed higher today on technical rebound after suffering four consecutive trading days of losses, dealers said.

They said CPO prices rose almost 4.2% today, recovering from its 10-month low as sharp gains on crude oil prices at US$117 per barrel helped lift the edible oils prices. At the close, the benchmark third month October contract climbed RM72 to settle at RM2,620 per tonne.

CPO futures for a August and September contracts rose RM69 each to end at RM2,622 and RM2,620 per tonne respectively while November contract settled RM65 higher at RM2,215 per tonne.

Turnover fell to 14,088 lots from Wednesday’s 15,949 lots while open interests rose to 52,667 contracts from 52,639 contracts previously.

In the spot market, August South was higher at RM2,620 per tonne versus RM2,600 yesterday.

- Bernama

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