KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower next week amid a slowdown in demand post-Eid al-Fitr festive season with price hovering between RM3,800 and RM3,900 per tonne.
Interband Group of Companies senior palm oil trader Jim Teh said the demand for CPO would likely be lower especially from traditional markets like India, Pakistan and the Middle East.
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