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CPO Futures Close Higher on Strong Export Demand

Kuala lumpur: The crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Friday amid stronger export demand for CPO, said palm oil trader David Ng. The sentiment was also influenced by weaker production estimates for CPO.

According to BERNAMA News Agency, at the close, the January 2026 contract increased by RM50 to RM4,060 per tonne. February 2026 saw an addition of RM53, bringing it to RM4,082 per tonne, while March 2026 climbed by RM52 to RM4,089 per tonne. The April 2026 contract rose by RM49 to RM4,085 per tonne, May 2026 increased by RM44 to RM4,072 per tonne, and June 2026 advanced by RM37 to RM4,049 per tonne.

Total trading volume declined to 50,937 lots from 57,393 on Wednesday, and open interest decreased to 257,694 contracts from 262,197 previously. Additionally, the physical CPO price for January South surged by RM70 to RM4,080 per tonne.

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