KUALA LUMPUR (May 9): The benchmark crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended marginally higher on Monday (May 9), tracking gains in the Chicago Board of Trade bean oil market.
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Friday as Indonesia's palm oil export ban continued to lift market sentiment, said a dealer. Palm oil trader David Ng said the long market break ahead of Hari Raya Aidilfitri celebrations has spurred traders to take positions.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower next week on concerns over a new COVID-19 variant in South Africa which put a dent on market sentiments.
KUALA LUMPUR, Oct 22 ― The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, tracking the weaker Dalian Commodity Exchange soybean oil prices after Chinese authorities clamped down on speculative activities, especially in the agriculture market. Palm oil.
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