Monday, April 6, 2009

Asia Crude Palm Oil Ends Dn On Proft-Taking, Long Liquidation

Crude palm oil futures on Malaysia's derivatives exchange ended slightly lower Monday on long liquidation and profit-taking, said trade participants.

Read also in category "Palm market news":

The following are prices for Malaysian palm oil in the cash market at 1000 GMT Monday, supplied by commodity broker Matthes & Porton Bhd.

The following are Indonesian physical palm oil prices quoted by traders in rupiah a kilogram.

Indonesia's PT Perkebunan Nusantara Monday said in a statement it sold 1,000 metric tons of crude palm oil offered in a government auction.

Malaysia's cash palm oil prices ease on lack of interest among buyers.

Indonesia's PT Astra Agro Lestari said Monday it sold 2,000 metric tons of crude palm oil offered in an auction.

Indonesia may lower its trigger price for imposing a tax on crude palm oil and its derivatives to ensure adequate domestic supplies and discourage exports, a senior government official said Monday.

BMD CPO futures lower midday, give up early gains on long liquidation, profit-taking, traders say.

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