KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to head lower with the benchmark month hovering between RM2,500 and RM2,450 per tonne.
Singapore-based Palm Oil Analytics’ owner and co-founder Dr Sathia Varqa said Malaysian Palm Oil Board's data to be released on Monday was crucial to determine the official market's supply and demand in October and price guidance going forward.
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