KUALA LUMPUR: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are likely to trade in a yo-yo mode next week, mainly due to worries over an economic slowdown in China, a dealer said.
Interband Group of Companies senior trader Jim Teh said however, physical buying of palm oil and palm oil products among Muslim countries, including some provinces in China would increase as the fasting month of Ramadan nears.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!