Kuala lumpur: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, buoyed by stronger crude oil prices, steady demand, and optimism surrounding Indonesia’s advancement in its B50 biodiesel programme.
According to BERNAMA News Agency, Mumbai-based Sunvin Group commodity research head, Anilkumar Bagani, noted that market sentiments improved following Indonesia’s completion of testing its biodiesel blend with 50 percent palm oil content. This development is expected to enhance the long-term consumption of palm oil. Bagani added that the market also received support from firm crude oil prices and consistent buying interest from India.
At the close, the spot-month October 2025 contract rose by RM21 to RM4,406 a tonne. Meanwhile, the November 2025 contract saw an increase of RM36 to RM4,444 a tonne, and the December 2025 contract added RM33 to reach RM4,470 a tonne. The January 2026 contract gained RM35 to RM4,488, with February 2026 and March 2026 advancing RM36 to RM4,483 a tonne and RM4,461 a tonne, respectively.
The total volume of contracts rose to 55,737 lots from 45,567 lots on Monday, with open interest increasing to 276,188 contracts from 272,369 previously. In the physical market, October South saw a rise of RM10 to RM4,440 a tonne.