CPO futures may see profit-trading in quiet trading next week


KUALA LUMPUR, April 30 (Bernama): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see quiet trading next week ahead of the Labour Day and Hari Raya Aidilfitri holidays, said Jim Teh, senior palm oil trader of Interband Group of Companies.

He said the market might also see profit-taking activities after the long break with prices expected to hover between RM5,500 to RM6,500 a tonne.

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CPO , Weekly , Export , Jim Teh , David Ng , Sathia Varqa

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