KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week as market players await official industry data amidst profit-taking yesterday.
Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa said traders were awaiting further direction based on the December 2019 production and supply data to be released by the Malaysian Palm Oil Association (MPOA) and Malaysian Palm Oil Board (MPOB) next week.
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