Tuesday, June 15, 2010

[DJ]DJ MARKET TALK: BMD CPO Futures To Open Up MYR5-MYR10

[Dow Jones] BMD CPO futures to open up MYR5-MYR10 on short covering; overnight gains in commodities, traders say; Kuala Lumpur-based trading executive tips trade in MYR2,395-MYR2,425/ton range today; adds steady ringgit at MYR3.2580 vs MYR3.2600 yesterday supports. Benchmark August contract finished up MYR24 or 1% at MYR2,410/ton Monday. (shie-lynn.lim@dowjones.com)

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(END) Dow Jones Newswires
06-14-10 2206ET
Copyright (c) 2010 Dow Jones & Company, Inc.

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