CPO futures likely to see profit-taking next week


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower next week on profit-taking after prices rallied to above RM5,600 a tonne, said palm oil trader David Ng.

Recently, the CPO futures for April contract hit an all-time high of RM5,667 a tonne.

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CPO , Palm oil , David Ng , Sathia Varqa , Profit-Taking

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