At the close, the CPO futures contract for January 2021 and February 2021 lost RM72 each to RM3,968 per tonne and RM3,945 per tonne, respectively.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives snapped its six consecutive sessions of gains to close lower today, weighed by profit-taking after the recent rally in prices.
Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa said the lower physical CPO price had also affected the market.
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