KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be on cautious trading next week as Indonesia plans to lift its export ban on palm oil from May 23, said a dealer.
Palm oil trader David Ng said he expected prices next week to trade between RM5,900 a tonne and RM6,600 a tonne as robust exports continue to support prices going forward.
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