CPO futures likely to trade lower next week


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower next week on concerns over a new COVID-19 variant in South Africa which put a dent on market sentiments.

Palm oil trader David Ng said the market was expected to remain weak as traders would adopt a cautious stance in light of the negative market developments.

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Palm oil , CPO , Weekly ,  David Ng , Sathia Varqa , COVID-19

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