Friday, May 06, 2011

Palm oil prices

CRUDE palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended lower yesterday on continued weakness in external demand, dealers said.

The dealers said most buyers adopted a wait-and-see attitude and some chose to exit the market in view of less demand while supply increased.

May and June fell RM10 each to RM3,375 and RM3,275 a tonne respectively, July decreased RM34 to RM3,195 and August declined RM38 to RM 3,187.

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