CPO futures likely to consolidate next week with bouts of profit-taking


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to consolidate further next week with bouts of profit-taking as most of international traders will take a leave for the Christmas celebration and year-end holiday.

Interband Group of Companies senior palm oil trader Jim Teh said the price would likely move between RM3,300 and RM3,350 per tonne.

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CPO , Weekly , Bursa Malaysia Derivatives

   

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