David Ng News Today

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upward bias next week given expectations of a weaker output due to seasonal factors, said palm oil trader David Ng.

KUALA LUMPUR: The crude palm oil (CPO) futures on Bursa Malaysia Derivatives are projected to trend lower next week as the weaker soybean oil market on the Chicago Board of Trade (CBOT) continues to dampen sentiment in the palm oil market, said a dealer.

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower on lack of fundamental cues.

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.

KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower next week on lack of market catalysts, a dealer said.

KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives (BMD) ended higher on the last trading day of this year, tracking gains in the Chicago Board of Trade’s (CBOT) soybean oil market.

KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are expected to trade with a downward bias next week due to the expectation of higher stocks in the country as well as weaker demand, said palm oil trader David Ng.

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend downward next week on profit-taking activities.

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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trend higher next week on the expectation of higher palm oil export estimates by cargo surveyors, said a dealer.