Bursa Malaysia Derivatives Launches East Malaysia Crude Palm Oil Futures (FEPO)

Bursa Malaysia Derivatives Berhad ("Bursa Malaysia Derivatives") will be launching the East Malaysia Crude Palm Oil Futures ("FEPO") Contract to meet the evolving needs of the Sabah and Sarawak palm oil market players for greater price transparency and alternative risk management tool. In 2020, the Exchange's port tank installations in Peninsular Malaysia delivered 670,125 metric tonnes of Crude Palm Oil via its Crude Palm Oil Futures ("FCPO") physical delivery, generating economic value for a wide range of businesses. Similarly, the participation of new port tank installations in FEPO paved the way for more job opportunities and economically higher values for the palm oil-related businesses in East Malaysia.