CPO futures rally to breach RM4,200, highest level in two months


KUALA LUMPUR (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied above RM4,200 a tonne for October benchmark contract, the highest level in two months.

Palm oil trader David Ng said buying in CPO futures was sparked by concerns over weaker output in the coming weeks.

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