KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to experience a technical correction next week following the higher price movement this week, said Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa.
Yesterday, the CPO futures skyrocketed and hitting a fresh all-time high at RM5,322 a tonne for the April benchmark contract.
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