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The Crude Palm Oil Futures Closing

BURSA MALAYSIA DERIVATIVES BHD
Wednesday, September 26, 2007
Source from The Star

The Crude Palm Oil Futures Closing: Tuesday, September 25 2007

(Prices are in RM/tonne)

MONTH

OPEN

HIGH

LOW

SETT

Vol

O.P

OCT 07

2670

2682

2670

2681

361

5312

NOV 07

2670

2678

2655

2668

1591

19069

DEC 07

2656

2669

2648

2655

4906

15587

JAN 08

2658

2661

2640

2645

1538

3807

FEB 08

2648

2648

2641

2636

80

237

MAR 08

2640

2640

2635

2630

35

1111

MAY 08

-

-

-

2610

-

1220

JUL 08

-

-

-

2600

-

892

SEP 08

-

-

-

2575

-

594

NOV 08

-

-

-

2567

-

366

JAN 09

2485

2490

2485

2481

30

780

MAR 09

2460

2460

2460

2442

30

444

MAY 09

2460

2460

2460

2442

20

195

JUL 09

2450

2460

2450

2442

50

60

SEP 09

2450

2450

2450

2442

50

-

Total Open Position

: 49,674 ctrs

Total Turnover

: 8,691 lots

Market Tone

: Lower

The Palm Kernel Oil Futures

(Prices are in RM/tonne)

MONTH

OPEN

HIGH

LOW

SETT

VOL

O.P

OCT 07

-

-

-

3065

-

-

NOV 07

-

-

-

3065

-

-

DEC 07

-

-

-

3065

-

-

Total Open Position

: Nil

Total Turnover

: Nil

 


CRUDE palm oil futures prices on Bursa Malaysia Derivatives ended lower yesterday on profit-taking following yesterday’s strong gains, dealers said.

Yesterday, the futures market closed to its near four month high. However, dealers said general sentiment today was strong on higher export numbers for the first 25 days of September, up by about 13%, compared to the same period last month.

The December futures delivery contract slipped RM20 to RM2,655/MT.

At close, overall volume stood at 8,691 lots, down from yesterday’s 14,667 lots, while open interest fell to 49,674 contracts versus 50,168 contracts previously.



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