KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend higher next week on the expectation of higher April production, with the price is likely to trade below RM2,000 per tonne.
Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa told Bernama that traders await the scheduled release of supply and demand data by the Malaysia Palm Oil Board (MPOB) on Tuesday.
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