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 wait for reports by the Malaysian Palm Oil Board (MPOB) and the United States Department of Agriculture (USDA).
Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said markets are expecting the Malaysian palm oil March-end inventories to fall to 1.795 million tonnes on the back of stronger export and weaker production.
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