KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to experience a technical correction ahead of data to be released by the Malaysian Palm Oil Board (MPOB) next week.
Interband Group of Companies senior palm oil trader Jim Teh said the MPOB is expected to release production, stocks as well as export data for August with the expectation of higher stock on Sept 10, 2021.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
