Kuala lumpur: The crude palm oil (CPO) futures are projected to trade lower in the upcoming week due to anticipated profit-taking following recent gains, as noted by Interband Group of Companies senior palm oil trader Jim Teh. The trading week is expected to be shorter, as many international palm oil traders will be observing the Christmas and New Year celebrations.

According to BERNAMA News Agency, prices are predicted to fluctuate between RM3,800 and RM3,900 per tonne next week. This range is expected to be appealing for physical buyers, especially from countries such as China, India, Pakistan, the European Union, the Middle East, and the United States. Bursa Malaysia Bhd and its subsidiaries observed a closure on December 25 for Christmas Day and resumed operations on December 26.

On a Friday-to-Friday basis, the January 2026 contract saw an increase of RM156 to RM4,060 per tonne. February 2026 advanced by RM177 to RM4,082 per tonne, while March 2026 climbed RM178 to RM4,089 per tonne. The April 2026 contract rose by RM169 to RM4,085 per tonne, May 2026 added RM158 to RM4,072 per tonne, and June 2026 was recorded at RM4,049 per tonne.

Weekly trading volume saw a decrease to 239,880 lots, down from 408,456 lots the previous week, while open interest fell to 257,694 contracts from 276,507 contracts a week earlier. The physical CPO price for December South increased by RM130 to RM4,080 a tonne.