CPO futures likely to trade between RM2,080 to RM2,100

Interband Group of Companies senior trader Jim Teh believed India's potential restriction was merely a media speculation, and he expected the news effect on the market would just be temporary and mild.

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trend lower at between RM2,080 and RM2,100 per tonne next week, amid fears of import curbs by India.

However, Interband Group of Companies senior trader Jim Teh believed India's potential restriction was merely a media speculation, and he expected the news effect on the market would just be temporary and mild.