CPO futures seen trading in cautious mode

Singapore-based Palm Oil Analytics owner and co-founder Sathia Varqa said end-February stocks are expected to fall to the lowest in 11 months on a faster rise in exports than production.(File pic shows a palm oil factory)

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in cautious mode with an upward bias this week, Bernama reported.

Anticipation of strong data due to be released this week, the Russia-Ukraine war and profit-taking are all expected to impact trading, the local news agency noted.