The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade lower next week on expected profit-taking. An industry expert said the switch in the benchmark month from January 2022 to February 2022 would also weigh down on the CPO futures prices. benchmark month will switch on Tuesday next week, and currently, it is trading at RM200 lower than January 2022 which may weigh down on overall prices.
Reflections from the Oleoline 3rd Global Oleochemical Conference! 🌟
From our point of view it was a success, marked by a friendly atmosphere. Our 60 participants, friends and partners, received valuable updates on the oleo market landscape. Discussions were particularly insightful about future challenges and opportunities, especially...