Kuala lumpur:<Text>

Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, driven by expectations of weaker output in the coming weeks, said a trader.

According to BERNAMA News Agency, proprietary trader David Ng of Iceberg X Sdn Bhd noted that strong export estimates are also supporting prices, as they could lead to lower overall stock levels in the country. Ng mentioned, "We see prices supported above RM4,180 and resistance at RM4,300 a tonne."

Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa highlighted that hefty gains in related vegetable oil futures and positive sentiment sustained buying momentum in CPO futures. However, Varqa noted that the ringgit's strength, rising to a seven-year high against the United States dollar, trimmed gains in CPO futures.

At the close, the February 2026 contract rose RM44 to RM4,172 per tonne, March 2026 gained RM51 to RM4,215 per tonne, and April 2026 advanced RM50 to R M4,225 per tonne. The May 2026 contract climbed RM44 to RM4,216 per tonne, June 2026 increased RM34 to RM4,195 per tonne, while July 2026 added RM26 to RM4,175 per tonne.

Trading volume increased to 78,794 lots from 70,725 lots on Friday, while open interest went down to 225,251 contracts from 228,950 previously. The physical CPO price for February South increased RM40 to RM4,180 per tonne.