KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend lower next week on profit-taking activities after rallying to above RM5,000 a tonne, palm oil trader David Ng said.
He said, however, expectation of stronger exports in coming weeks is seen as supporting prices in the near term.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
