KUALA LUMPUR: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade higher this week amid the ongoing crisis in West Asia,.
Iceberg X Sdn Bhd proprietary trader David Ng said news on Indonesia’s B50 biodiesel programme is also projected to lift market sentiment.
“We expect (CPO) prices to trade between RM4,750 and RM4,950 (per tonne) this week,” he told Bernama.
