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(From Bernama The Malaysian National News Agency)
KUALA LUMPUR, Nov 30 (Bernama) - Crude Palm Oil (CPO) futures contracts on the Malaysia Derivatives Exchange (MDEX) are expected to be firmer next week on better sentiment from news that China would next year take in more palm oil despite expectations of lower export data on Monday.
A dealer said cargo surveyors, Intertech Testing Services (ITS) and Societe Generale de Surveillance (SGS) would release November exports data on Monday.
Traders expect exports to drop to 930,000 tonnes from 1.12 million tonnes in October.
The physical market was active on Friday on talks that China was issuing additional palm oil import quotas totalling 300,000 tonnes.