CPO futures likely to see volatile trading next week

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a volatile mode next week as investors take directions from the World Agricultural Supply and Demand Estimates (WASDE) and Malaysian Palm Oil Board (MPOB) reports.

Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said the WASDE report was published on Friday but since the market has already closed, the impact on CPO futures would be carried into next week.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

CPO , weekly , WASDE , MPOB , report , Anilkumar Bagani


Next In Business News

Tomei's licence agreement with De Beers to end on Dec 10
Citaglobal to build RM9.75bil solar farm in Pahang
Axiata concludes sale of Ncell
Country Heights appoints Ricky Yip as acting managing director
Bursa Malaysia ends marginally higher on late buying
Willowglen MSC unit bags RM12.75mil contract from SP PowerAssets
Pansar unit receives letter of acceptance for RM107.5mil Sarawak Coastal Road job
Jadi Imaging to dispose of Glenmarie property for RM18.5mil
Avaland appoints Apollo Bello Tanco as CEO
Maybank Singapore extends US$100mil sustainability-linked RCF-i TO AET

Others Also Read