Demand for palm oil to lift interest for CPO futures contract


Interband Group of Companies Senior Palm Oil Trader Jim Teh said demand for the commodity would mainly come from Middle East countries.

He expected the commodity to fetch between RM2,650 and RM2,700 a tonne next week - a level still lucrative to planters.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Brent oil heads for record month, stocks in limbo
Capital A plans to exit PN17 after four consecutive profitable quarters - Tony Fernandes
Media Chinese to dispose of Canadian property for RM29mil
AirAsia expects modest fare hikes but maintains low-cost positioning
SME Corp to enhance MSME's role in JS-SEZ
Maybank completes inaugural on-chain tokenised forex and cross-border payment in pilot project
ACE Market-bound 5E Resources aims to raise RM79.2mil from IPO
Malaysia well-positioned to withstand rising fiscal pressures amid high oil prices
Paragon Globe partners GSP Auto to develop AutoPark in Iskandar Puteri
Capital A appoints Effendy Shahul Hamid as deputy CEO

Others Also Read