CPO to trade between RM3,400 and RM3,700 per tonne this week

KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in yo-yo mode this week in the absence of market participants due to new year holidays.

However, Interband group of companies senior palm oil trader Jim Teh said the commodity is expected to trade between RM3,400 per tonne and RM3,700 per tonne.