CPO futures forecast to trade with downside bias next week


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways with downside bias next week, a dealer said.

Palm oil trader David Ng said the outlook is due to weak exports which would continue to weigh on CPO prices.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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CPO , palm oil , crude palm oil

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