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.

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

   

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