Commodity markets show signs of rebound


PETALING JAYA: Commodity markets are beginning to show signs of a turnaround but it is too early to tell if the current uptrend is sustainable, analysts said.

Commodity indices have been showing signs of life in the past week on the back of a rally in global equities in recent days, with crude oil trading above US$53 per barrel and crude palm oil (CPO) closing above RM2,000 per tonne on Monday.

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