# CPO futures end weaker | Malay Mail

> Crude palm oil futures on Bursa Malaysia closed lower on expectations of higher output in Sabah and weaker Chicago soyoil. Spot August contracts fell RM13 to RM2,659 a tonne.

- Date: 2017-08-01 · published 2017-08-01T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/69559-cpo-futures-end-weaker-malay-mail
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expected production gains and softer soyoil pressure palm oil prices lower in the near term.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2017/08/01/cpo-futures-end-weaker/1433679

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.