CPO FUTURES END MIXED (SCREEN)

ZUFAZLIN BAHARUDDIN

KUALA LUMPUR, Jan 7 -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mixed today with the prospect of weaker demand weighing on prices in the near term.

A trader said the market was relatively quiet on concerns over weaker demand, going forward.

"The market sentiment was dented by today’s news that India, the world’s biggest buyer of palm oil, may curb its purchase of Malaysian palm oil,” he told Bernama.