Stocks, exports data to set direction for CPO futures next week


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is set to trade in cautious mode next week as investors await further clarity from the latest stocks and exports data.

Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said the market is closely watching for reliable Malaysian Palm Oil Association’s production estimates to reinforce production ideas.

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Palm oil , CPO , crude palm oil , MPOA , MPOB

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