Malaysian palm oil closed 0.5% higher on Tuesday. The December contract rose 31 ringgit to high at 2,178 before settling increase 10 at 2,157 ringgit. The bullish factor from outside market with good export for first 10 days of October. Vegetable oil have positive sentiment from high crude oil price that above $73.But CBOT soyoil (Oct) reduce 1.5% in asian trade from investor profit taking at 35.76 (-0.54).
Contract
palm oil Nov09
Open: 2188
High:2193
Low:2153
Volume:2792
Close:2175(+11)
Contract
palm oil Dec09
Open: 2172
High:2178
Low:2130
Volume:14922
Close:2157(+10)
Contract
palm oil Jan10
Open: 2170
High:2176
Low:2130
Volume:7796
Close:2156(+12)
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