KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a cautious mode next week as traders are expected to remain on the sidelines due to concerns over the stock level, a dealer said.
Interband Group of Companies senior palm oil trader Jim Teh said traders would be watching closely the announcement on the palm oil stock level for May, which is scheduled to be released on June 10.
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