KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade on a slightly bullish bias next week, between RM3,700 and RM4,000, on low production expectations, a dealer said.
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives may see some trading recovery next week amid the current attractive price levels.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in a cautious tone next week, at between RM3,300 per tonne and RM3,500 per tonne, amid concerns over gloomy global economic prospects.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to experience technical correction next week, as concerns over production and inventory will weigh on investors’ appetite.
KUALA LUMPUR (Aug 26): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) extended Thursday’s decline to end the week lower on Friday (Aug 26), as weak market sentiment weighed on demand for the golden fruit.