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CPO Futures End Lower On Profit-taking


Kuala lumpur: Crude palm oil (CPO) futures ended lower today, weighed down by profit-taking after recording strong gains on Thursday, a dealer said.



According to BERNAMA News Agency, Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa noted that CPO futures failed to track the gains in Chicago Mercantile Exchange (CME) soybean oil. Varqa highlighted that weaker export demand, profit-taking activities, and the holiday closure of the Dalian Commodity Exchange likely contributed to the decline in CPO futures.



At the market close, the March 2026 contract saw a decrease of RM30, settling at RM4,063 per tonne. The April 2026 contract fell by RM27 to RM4,087 per tonne, while the May 2026 contract weakened by RM25 to RM4,092 per tonne. Additionally, the June 2026 contract trimmed RM20 to RM4,096 per tonne, July 2026 dipped RM11 to RM4,100 per tonne, and August 2026 slipped RM9 to RM4,099 per tonne.



Trading volume experienced an increase, rising to 81,717 lots from 72,636 on Thursday. Open interest also widened, reaching 228,011 from the previous 223,809. The physical CPO price for March South declined by RM20, settling at RM4,100 per tonne.

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