JAKARTA (Yosefardi) – Crude palm oil (CPO) dropped further by more than 1% in future market Thursday (March 27).
The benchmark May and June contracts declined 1.2% each to RM2677 and RM2659 each While May contract declined 0.9% to RM2744.
In Jakarta, plantation stocks closed in red. London Sumatra declined 0.68%, BW Plantation fell 0.38%, Salim Ivomas lost 0.5%, and Bakrie Plantations dropped 1.96%.
In Malaysia, IOI Corporation gained 0.84% and Sime Darby rose 0.32%. In Singapore, First Resources fell 0.42% and Wilmar International declined 0.29%.