Bursa Malaysia’s Refined Bleached and Deodorised (RBD) Palm Olein Futures Contract have successfully commenced trading on Bursa Malaysia yesterday.
This new USD denominated futures contract (Contract Code: FPOL), is now available to all market participants, particularly refiners, palm olein end users and fund managers to trade palm olein on the derivatives exchange of Bursa Malaysia. It provides a complete solution to manage refining margin risk and hedge against unfavorable price movements in the crude palm oil and palm olein markets.
RBD Palm Olein Futures Contract together with the global benchmark, Crude Palm Oil Futures Contract (FCPO) underscores Bursa Malaysia as the global marketplace and benchmark for palm oil derivatives.
For more information on the new RBD Palm Olein Futures Contract, please visit www.bursamalaysia.com