KUALA LUMPUR (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied to its highest in more than 10 years on strong market sentiment and tracking the uptrend in the soybean market.
At the close, the CPO futures contract for March 2021 and April 2021 gained RM123.0 each to RM4,070 per tonne and RM4,012 per tonne respectively, while May 2021 and June 2021 both added RM137.0 to RM3,878 per tonne and RM3,731 per tonne respectively.
Total volume increased to 79,298 lots from 63,827 last Friday while open interest rose to 269,357 contracts from 251,949 contracts previously.
The physical CPO price for March South jumped RM100 to RM4,060 per tonne.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
RiverOfSilver
2,833 posts
Posted by RiverOfSilver > 2021-03-03 16:56 | Report Abuse
hip hip, hooray