CPO PRICES (December 15): 0.23% rebound

The CPO transaction for the February 2015 contract on Bursa Malaysia, as listed on Bloomberg, was at the level of 2.186 Malaysian ringgit per ton at the opening of trade today.
The price has strengthened by 0.69% compared to the closing on Friday (12/12/2014) that fell by 1.09% to 2.171 ringgit/ton.
At 10.17 WIB or about 11.17 Kuala Lumpur time, the CPO price continued to strengthen by 0.23% to the level of 2.176 ringgit/ton. Up to that time, the CPO moved in a price range of 2.174 -2.188 ringgit/ton.
CPO Price Movement*




Time


Malaysian Ringgit/Ton


Percentage Change




15/12 (10.17 WIB)


2.176


+0.23%




12/12


2.171


-1.09%




11/12


2.195


+0.92%




10/12


2.175


+2.11%




09/12


2.130


-1.89%




08/12


2.171


-0.05%




*February 2014 ContractSource: Bloomberg 2014http://market.bisnis.com/read/20141215/94/382626/harga-cpo-15-desember-rebound-023