KUALA LUMPUR, Aug 14 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, on the back of a weaker ringgit, which was supportive of the market in the short-term, said a dealer.
Phillip Futures Sdn Bhd dealer David Ng said support was located at RM2,150 a tonne with the resistance level at RM2,280 a tonne.
August 2018, September 2018 and October 2018 gained RM9 each to RM2,178, RM2,197 and RM2,213 a tonne, respectively, while November 2018 added RM7 to close at RM2,237 a tonne.
Turnover rose to 43,246 lots from 35,352 lots on Monday while open interest increased to 290,567 contracts from 280,964 contracts yesterday.
On the physical market, August South was unchanged at RM2,210 a tonne.
-- BERNAMA