Palm oil trader David Ng said the CPO performance was the highest in almost 10 years.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on the first trading day of the new year, hitting its highest level since February 2011 with benchmark March 2021 at RM3,724 per tonne.
Palm oil trader David Ng said the CPO performance was the highest in almost 10 years owing to strong performance in the Chicago Board of Trade (CBOT).
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