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Product > Malaysia > Crude Palm Oil  
   
Product - Crude Palm Oil  
   

The oil palm is a monoecious plant (having unisexual male and female flowers within the same plant). The female flower bears fruits commonly known as fresh fruit bunches (FFB). Each tree is capable of bearing about 10 to 12 bunches per year and each bunch averages 1000 to 3000 fruits with weight varying between 20 to 30 kilogrammes. Crude palm oil (CPO) is obtained from the mesocarp (the fleshy portion of the fruit wall) and depending on the variety and age of the palm, oil to bunch ratio is within the range of 25 to 28 percent.

 
Exchange(web link) Bursa Malaysia Derivatives Berhad (http://www.mdex.com.my)
RIC KPO
Trading Unit 25 tons
Min. Tick RM 1.00 per ton
Tick Value RM 25.00
Price Limit 1st day RM 100
2nd day RM 150
3rd day RM 200
Contract Month Spot and the next 5 succeeding months, and thereafter, alternate months up to 12 months ahead
Trading Hours (Malaysia Time) 10.30am - 12.30pm
3.00pm - 6.00pm
Last Trading Date Contract expires at noon on the 15th day of the delivery month. If the 15th is a non-market day, the preceding Business day.
Margin