January 19, 2011 [Mondovisione] - Bursa Malaysia Derivatives Berhad (BMD) would like to announce that Stolthaven (Westport) Sdn Bhd has been approved as a Port Tank Installation (PTI) for the delivery of Bursa Malaysia Crude Palm Oil Futures (FCPO) contract, which took effect on 12 January 2011.
With this approval, Stolthaven (Westport) Sdn Bhd is the latest PTI that offers a facility where sellers of BMD’s FCPO contract may tender to deliver physical CPO into BMD.