Wednesday, 28 Oct 2020 05:03 PM MYT
KUALA LUMPUR, Oct 28 — Bursa Malaysia Derivatives Bhd is undertaking a revamp of the new crude palm kernel oil futures contract which will be applied across five areas of enhancements, chief executive officer Samuel Ho said. “The revamp of the FPKO contract will be important for two reasons; firstly it will meet the market needs of an effective instrument to hedge against the fluctuation in prices of crude palm kernel oil, and secondly, provide an alternative instrument that can be utilised by local and international participants to trade,” he said on the second day of the Palm and Lauric Oils Price Outlook Conference & Exhibition 2020.
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