date:Jul 15, 2014
k September contract on the Bursa Malaysia Derivatives Exchange fell 2.1 percent to a more than nine-month low of 2,298 ringgit ($723) per tonne by Monday's close. Prices traded in a range of 2,292 to 2,331 ringgit.
Total traded volume stood at 53,721 lots of 25 tonnes, much higher than the average 35,000 lots. Buyers' interest should be thin, awaiting support at 2,280-2,320 ringgit. Sellers should stay alert as rebounds due to profit-taking are very likely, said second Kuala Lumpur-based trad