Monday, June 14, 2010

DJ MARKET TALK: BMD CPO Futures Up; Likely Higher June 1-15 Exports


[Dow Jones] BMD CPO futures rise, with expectations of higher June 1-15 exports supporting gains, traders say. Kuala Lumpur-based senior trading executive tips exports up 11%-17% on month around 690,000 tons ahead of surveyors Intertek, SGS export estimates Tuesday. Benchmark August contract up MYR10 at MYR2,396/ton. (shie-lynn.lim@dowjones.com)

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(END) Dow Jones Newswires
06-14-10 0459ET
Copyright (c) 2010 Dow Jones & Company, Inc.

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