Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to be firmer on expectation of upbeat forecasts at an industry conference next week, dealers said.
Bursa Malaysia will host the annual Palm and Lauric Oils Conference and Exhibition: Price Outlook 2010/2011 on March 9 and 10 in Kuala Lumpur.
"All prominent market experts will assemble next week to share views on the development and challenges of the palm oil industry, including the price outlook for this year," said one of the dealers.
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