KUALA LUMPUR (Indonesia Today) – The benchmark November contracts of crude palm oil (CPO) retreated RM56 or about 1.8% to RM3,035 per ton on the Bursa Malaysia Derivatives Tuesday (August 28).
December 2012 and January 2013 contracts also down RM53 each to RM3,049 and RM3,064 per ton, while September contracts down to RM2,981 per ton.
The commodity tracks Nymex crude oil, which slips to US$96.73 per barrel in Asian trading.