Cautious trade expected for CPO futures next week


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week amid volatility in the market due to Russia’s invasion of Ukraine, said a dealer.

Interband Group of Companies senior palm oil trader Jim Teh said CPO was expected to trade with a downward bias next week, continuing the weakness recorded on Friday.

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