A file photo of a worker collecting palm oil fruit at a factory in Sepang, on Feb 18, 2014. – Reuters
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended gains to close higher, amid expectation of lower production in the coming weeks, a dealer said.
Phillip Futures Sdn Bhd derivatives product specialist David Ng said, however, the rise yesterday was capped by sluggish exports demand, which saw the distant month trade lower.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
