KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend lower next week on profit-taking after buying activity persisted this week with the exception of Friday, said a dealer.
Interband Group of Companies senior trader Jim Teh told Bernama trading would likely range between RM2,050 and RM2,100 a tonne per tonne amid fears of a mild global recession, the trade dispute between the US and China, as well as Brexit.
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