KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, buoyed by expectations of stronger demand from India ahead of the Deepavali festival.
Singapore-based Palm Oil Analytics’ owner and co-founder Dr Sathia Varqa said the Festival of Lights, to be celebrated on Nov 14, would boost Indian demand for the golden crop in the near term.
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