CPO FUTURES PRICES LIKELY TO BE LOWER NEXT WEEK.

(From Bernama The Malaysian National News Agency)

from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, Oct 29 (Bernama) -- Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives will likely be lower in quiet trading next week as players will remain on the sidelines due to the festive season

Dealers said movement in soyoil prices, however, would still have some impact on CPO prices

For the week-just-ended, the market was traded mostly lower in line with the movement in soyoil prices

However, there was also speculative play as some traders were buying on anticipation that prices would edge up after the festive holidays …