CPO futures may see technical correction after rally

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to experience a technical correction after a strong rally recently.

Yesterday, the CPO futures rallied above RM4,200 a tonne for the October benchmark contract, the highest level in two months.

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Palm oil , CPO , MPOA , Sathia Varqa , David Ng

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