KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives would likely experience a technical correction next week to stabilise the market, said a dealer.
Interband Group of Companies senior palm oil trader Jim Teh said the futures contract would likely trade between RM2,500 and RM2,600 per tonne next week, as the COVID-19 outbreak is causing a supply disruption.
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