KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend lower next week on profit-taking activities, said Interband Group of Companies senior palm oil trader Jim Teh.
He said the increasing stockpiles in producing countries Indonesia and Malaysia were expected to weigh on market sentiment.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
