CPO Futures Close Lower On Rising Output Concerns

Kuala lumpur: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by concerns over rising output. Palm oil trader David Ng noted that the anticipated increase in production over the coming weeks may lead to higher stock levels in the country. ‘We see prices well supported above RM4,100 a tonne, with resistance at RM4,250 a tonne,’ he told Bernama.

According to BERNAMA News Agency, at the close, the spot-month November 2025 contract dropped RM35 to RM4,075 a tonne, December 2025 declined RM39 to RM4,079 a tonne, January 2026 fell RM35 to RM4,108 a tonne, and the February 2026 slipped RM30 to RM4,141 a tonne. Meanwhile, the March 2026 contract shed RM23 to RM4,163 a tonne and April 2026 slipped RM13 to RM4,172 a tonne.

Total volume tumbled to 87,213 lots from 119,345 lots on Tuesday, while open interest dipped to 262,625 contracts from 265,293 contracts previously. The physical CPO price for November South was RM20 lower at RM4,130 a tonne.