CPO futures likely to trade on cautious note next week


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade cautiously on expectation of the full month export report as well as the Palm and Lauric Oils Price Outlook Conference & Exhibition (POC) 2020, next week.

Singapore-based Palm Oil Analytics’ owner and co-founder Dr Sathia Varqa said the market would focus on comments from the virtual conference on the oil and fats industry, to be held on Oct 27- 28.

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