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13 Sep 2016

CPO PRICE 13 SEPTEMBER: Fell 1.02%, Ringgit Strengthened

CPO PRICE 13 SEPTEMBER: Fell 1.02%, Ringgit Strengthened


The CPO futures contract for November 2016, the most actively traded contract on Bursa Malaysia, fell 1.02% or 27 points to the level of 2,613 ringgit per ton at 10:09 WIB.


The price of crude palm oil had previously opened 0.91% or 24 points lower at 2,618 ringgit per ton.


In last week’s trading (9/9/2016), the price of the CPO contract for November closed 1.19% or 31 points higher at 2,640 ringgit per ton.


Meanwhile, the Malaysian ringgit was seen to have strengthened 0.59% to 4.024 per US dollar at 10:28 WIB.


Movement of the CPO Contract Price for November 2016




































Date



Level



Change



13/9/2016



2.613



-1.02%



9/9/2016



2.618



+1.19%



8/9/2016



2.609



+0.42%



7/9/2016



2.598



-1.18%



6/9/2016



2.629



-0.57%



Source: Bloomberg

http://market.bisnis.com/read/20160913/94/583428/harga-cpo-13-september-bergerak-melemah-102-ringgit-menguat

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