KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upward bias next week given expectations of a weaker output due to seasonal factors, said palm oil trader David Ng.
KUALA LUMPUR: The crude palm oil (CPO) futures on Bursa Malaysia Derivatives are projected to trend lower next week as the weaker soybean oil market on the Chicago Board of Trade (CBOT) continues to dampen sentiment in the palm oil market, said a dealer.
KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in yo-yo mode next week as traders await the Malaysian Palm Oil Board’s report for January 2023 production and exports during the mid-week.
KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower next week on lack of market catalysts, a dealer said.