CPO Futures Seen Trading Higher Next Week On Stronger Demand Outlook
KUALA LUMPUR, March 28 (Bernama) — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expcted to trade higher next week, supported by stronger demand expectations, a trader said. Iceberg X Sdn Bhd proprietary trader David Ng said the United States (US)-Iran conflict has raised expectations of stronger palm oil demand. “Next week, we expect prices to range between RM4,500 and RM4,680 per tonne,” he told Bernama. On a weekly basis, the April 2026 contract fell RM40 to RM4,540 per tonne, May 2026 slipped RM8 to RM4,611 per tonne, while June 2026 edged up RM20 to RM4,631 per tonne. […]