CPO to extend gains on higher demand


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to continue a positive momentum next week driven by expectations of higher demand.

Singapore-based Palm Oil Analytics’ owner and co-founder Dr Sathia Varqa said CPO futures was riding at the back of firm soybean oil and palm olein on the Dalian Exchange.

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crude palm oil , Sathia Varqa , Soybean

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