Kuala lumpur: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today as concerns mounted over increasing domestic production and inventory levels anticipated in the coming weeks.

According to BERNAMA News Agency, palm oil trader David Ng highlighted that market sentiment was further affected by the weaker prices of crude oil and soybean oil. Ng noted that CPO prices are currently supported above RM4,200 per tonne, with resistance at RM4,350 per tonne.

At the market close, the spot-month August contract saw a decline of RM30, settling at RM4,220 per tonne. The September 2025 contract decreased by RM25 to RM4,247 per tonne, and the October 2025 contract dropped RM23 to RM4,267 per tonne. Additionally, the November 2025 contract eased by RM20 to RM4,280 per tonne, December 2025 slipped RM16 to RM4,289 per tonne, and January 2026 shed RM16 to RM4,294 per tonne.

The trading volume for the day fell to 53,291 lots from 81,986 on Tuesday, contrasting with an increase in open interest, which rose to 226,626 contracts from 225,916. The physical CPO price for August South also decreased by RM30, ending at RM4,230 per tonne.