Interband Group of Companies senior palm oil trader Jim Teh said the futures contract would likely trade between RM2,800 and RM2,900 per tonne next week, as the outbreak may cause a pandemic.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in a cautious tone this week amid the ongoing 2019 novel coronavirus outbreak, said dealers.
Interband Group of Companies senior palm oil trader Jim Teh said the futures contract would likely trade between RM2,800 and RM2,900 per tonne next week, as the outbreak may cause a pandemic.
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!
