CPO futures likely to trade in cautious mode


On a Friday-to-Friday basis, the CPO futures contract for June 2020 improved RM28 to RM2,433 per tonne.

KUALA LUMPUR: The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are likely to trade in a cautious mode next week, with traders concerned over a second wave of the COVID-19 pandemic.

Singapore-based Palm Oil Analytics’ owner and co-founder Dr Sathia Varqa said the the resurgence of the pandemic could curb the speed of restarting economies.

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CPO futures , exports , Sathia Varqa , COVID-19

   

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