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