CPO futures to trade with upward bias next week


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upward bias next week, a dealer said.

Palm oil trader David Ng said the support is located at RM4,700 a tonne and resistance at RM4,950 a tonne.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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

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