CPO futures end higher


At the close, the CPO futures contract for March 2021 gained RM39 to RM3,939 per tonne, April 2021 rose RM43 to RM3,884 per tonne, May 2021 added RM53 to RM3,731 per tonne, and June 2021 climbed RM43 to RM3,588 per tonne.

PETALING JAYA: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher yesterday on the back of stronger overnight soybean oil price on the Chicago Board of Trade.

At the close, the CPO futures contract for March 2021 gained RM39 to RM3,939 per tonne, April 2021 rose RM43 to RM3,884 per tonne, May 2021 added RM53 to RM3,731 per tonne, and June 2021 climbed RM43 to RM3,588 per tonne.

Total volume increased to 53,214 lots from 41,644 lots on Wednesday, while open interest perked up to 243,154 contracts from 230,933 contracts previously. ─ Bernama

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