CPO Futures Extend Loss As Indonesia's B40 Biodiesel Delay Causes Market Uncertainty

KUALA LUMPUR, Jan 2 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its loss to close lower on Thursday as a delay in the implementation of Indonesia’s B40 biodiesel programme caused market uncertainty, a dealer said.

CPO Futures Close Lower Over Indonesia's Biofuel Programme Implementation

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 31 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on the last trading day of 2024, due to the upcoming implementation of Indonesia’s biofuel programme in January, following the recent rally in CPO prices, a dealer said.