CPO futures likely to trade range-bound next week


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound next week at between RM3,200 and RM3,300 per tonne, said a dealer.

Interband Group of Companies senior palm oil trader Jim Teh said demand in the market is likely to be subdued as most of the international palm oil traders would have gone on leave for Christmas and year-end leave.

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CPO , Weekly , Bursa Malaysia Derivatives

   

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