March 4, 2009 3:00 GMT+8
Crude palm oil futures prices on Bursa Malaysia Derivatives ended yesterday mixed after trading lower in the morning session.
A dealer said though the market recovered slightly before closing, local sentiment remained fragile, as demand was dampened by losses in the soyoil market and poor export data released yesterday.
At the close yesterday, March 2009 added RM21 to settle at RM1,945 per tonne while April 2009 was unchanged at Monday’s RM1,900 per tonne.
May 2009 and June 2009 dipped by RM16 and RM28 respectively to close at RM1,855 and RM1,823.
Yesterday’s volume however, rose to 19,988 lots from the 15,122 lots Monday, while open interests was higher at 88,413 contracts from 87,143 contracts previously.
On the physical market, March South advanced to RM1,950 per tonne from RM1,940 per tonne Monday.
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