04/10/2010 (Commodity Online) - The crude palm oil futures witnessed a negative trend on Friday on follow through selling and taking cues from weak overseas market.

Furthermore, bearish trend in entire oil and oilseeds market triggered downward movement in CPO market.

Outlook
The crude palm oil futures are forecast to trade on a negative note on extended selling pressure taking cues from weak overseas market.

BMD CPO futures are trading lower by MYR60 borrowing weakness from CBOT market, which will lend support to Indian market. Improvement global oilseeds weather is raising hopes of better crop this year.

On domestic front, record edible oil import in recent months is likely keep prices down during the day.