CPO futures to trade with upward bias next week on weak output


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade with an upward bias next week due to weak output, which may lower the overall stock level in the country.

Palm oil trader David Ng expects the futures prices to trade between RM3,750 and RM3,900 per tonne.

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