Daily volume for crude palm oil futures (FCPO) contracts traded on Bursa Malaysia Derivatives (BMD) reached a historical high of 71,678 contracts on 12 March 2014, surpassing the previous record of 63,019 contracts on 16 May 2012.
The volume growth reflects the vibrancy of the Malaysian derivatives market, attributed to increased hedging activities resulting from the volatility and uncertainty seen in the global commodity markets.