Published On: Mon, Jun 20th, 2011

Crude Palm Oil Derivatives Record High Open Interest

Open interest for crude palm oil futures (FCPO) on Bursa Malaysia Derivatives (BMD) hit an all-time high of 115,257 contracts on 20 June 2011, surpassing the previous open interest record of 113,415 contracts on 10 June 2011.

This is due to stronger interest in FCPO contracts by local and international traders; and increasing hedging activities in the FCPO market.

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