BURSA MALAYSIA DERIVATIVES BHD
Wednesday, October 31, 2007
Source from The Star

The Crude Palm Oil Futures Closing: Tuesday, October 30, 2007

(Prices are in RM/tonne)

MONTH	OPEN	HIGH	LOW	SETT	Vol	O.P
NOV 07	2940	2944	2919	2920	167	2308
DEC 07	2920	2921	2880	2900	1417	13422
JAN 08	2885	2885	2841	2862	6665	13842
FEB 08	2854	2856	2818	2842	2869	7280
MAR 08	2822	2850	2720	2825	953	4142
APR 08	-	-	-	2806	-	20
MAY 08	2860	2860	2771	2801	10	1339
JUL 08	-	-	-	2794	-	997
SEP 08	-	-	-	2789	-	594
NOV 08	-	-	-	2791	-	366
JAN 09	-	-	-	2771	-	870
MAR 09	-	-	-	2721	-	574
MAY 09	-	-	-	2713	-	285
JUL 09	-	-	-	2713	-	110
SEP 09	-	-	-	2703	-	50

	Total Open Position	: 46,199 ctrs
	Total Turnover	: 12,081 lots
	Market Tone	: Higher

The Palm Kernel Oil Futures

(Prices are in RM/tonne)

MONTH	OPEN	HIGH	LOW	SETT	VOL	O.P
NOV 07	-	-	-	3206	-	-
DEC 07	-	-	-	3206	-	-
JAN 08	-	-	-	3206	-	-
FEB 08	-	-	-	3206	-	-
MAR 08	-	-	-	3206	-	-
APR 08	-	-	-	-	-	-
MAY 08	-	-	-	-	-	-
JUL 08	-	-	-	-	-	-
SEP 08	-	-	-	-	-	-

	Total Open Position	: Nil
	Total Turnover	: Nil

 

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Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed lower today on profit taking activities after strong gains yesterday, dealers said.

They said players took profits after the soyoil and crude oil prices declined in Asian trade.

“Profit taking emerged in the market after the soybean and crude oil prices dell below their record highs during Asian trading hours,” a dealer said.

CPO prices were higher yesterday with the benchmark Jan 2008 contract hitting a record high of RM2,920 driven by bullish soyoil and crude prices.

At close today, Nov 2007 fell RM65 to RM2,920 per tonne, Dec 2007 declined RM59 to RM2,900, Jan 2008 edged down RM48 to RM2,862 and Feb 2008 eased RM58 to RM2,842. Volume dropped to 12,081 lots from 16,426 lots yesterday and open interest declined to 46,199 contracts from 46,239 contracts previously. On the physical market, November South also declined, to RM2,935 per tonne from RM3,000 yesterday. No trading was recorded for the crude palm kernel oil futures today.

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