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.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Palm oil , CPO , Weekly , David Ng , COVID-19

Next In Business News

Ringgit opens higher against greenback, most regional peers
Trading ideas: Coastal, Titijaya, Kerjaya, Capital A, SD Guthrie, FACB, Shin Yang, MMHE, Bermaz,
SD Guthrie to navigate Indonesian reform risks
HSS Holdings’ ACE Market IPO oversubscribed
SpaceX tells investors of blue-chip credit ratings
FROM CODE TO COASTLINES
GDEX expands into AI cloud
Tianjin develops sensors for embodied AI
Supply chains in check
GD in RM45mil commercial property buy

Others Also Read