KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives will have more room to grow next week, driven mainly by the latest supply and demand data scheduled in the next few days.
"The market awaits confirmation of the bullish outlook, that is November end-month stocks falling to a near two-year low, underpinned by weaker than usual November output, ” Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa told Bernama.
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