[ KUALA LUMPUR: Malaysia’s crude palm oil (CPO) is expected to trade lower from the second quarter onwards this year after witnessing high prices of RM4,000 per tonne in the first quarter of 2024, said Fastmarket Palm Oil Analytics senior analyst Sathia Varqa. He said supply risk from weather and geopolitical tension are the two … Read more
[ 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. … Read more
[ KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade on an upside bias next week in anticipation of weaker output. Palm Oil Analytics (Fastmarkets) managing director Dr Sathia Varqa said market participants will be focused on the Malaysian Palm Oil Board November data which will come … Read more
