CPO futures likely to trade in yo-yo mode next week

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The story "CPO futures likely to trade in yo-yo mode next week" was covered 1 months ago by The Star, a news publisher based in Malaysia.

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The Star 1 mo ago

CPO futures likely to trade in yo-yo mode next week - The Star

Quick Summary:

KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in yo-yo mode next week as traders await the Malaysian Palm Oil Board’s report for January 2023 production and exports during the mid-week.

Besides, next week is also a holiday-shortened week, thus there will be less buying and volume will drop.

The market resumes on Tuesday, Feb 7, 2023.