CPO futures seen to continue trading with downside bias next week


KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are expected to trade with a downward bias next week due to the expectation of higher stocks in the country as well as weaker demand, said palm oil trader David Ng.

He forecast CPO prices would trade between RM3,800 and RM4,250 per tonne.

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CPO , Palm oil , MPOA , David Ng , Anilkumar Bagani

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