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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

palm oil , India , Kashmir , import curbs

   

Next In Business News

US weekly jobless claims increase more than expected
AmBank launches revamped AmOnline mobile banking
Pentamaster to prioritise sustainability
Kerjaya Prospek Property to jointly develop Batu Kawan land for proposed mixed development
Ringgit almost unchanged against greenback at the close
Malaysia to retain lead in Asia-Pacific Islamic banking market - S&P Global
Supermax buys remaining 33% stake in SHCI for RM18.96mil
Scientex to deploy large scale solar PV system at its facilities nationwide
Ahmad Maslan: RM180bil allocation available for projects in construction sector this year
MR D.I.Y. plans 180 new stores in 2024, targets 2,000 by 2028

Others Also Read