CPO futures poised for technical correction next week

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade lower next week on technical correction following continued speculative play, Interband Group of Companies senior palm oil trader Jim Teh said.

However, he said more physical buyers were expected to enter the market when prices go down further moving forward.

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CPO , Palm oil , MPOA ,


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