Kuala lumpur: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, impacted by concerns over weak export pace after the Malaysian Palm Oil Board (MPOB) reported softer export performance for August.
According to BERNAMA News Agency, palm oil trader David Ng noted that weaker soybean oil prices also influenced market sentiment. He mentioned support and resistance levels at RM4,350 and RM4,520 per tonne, respectively. The MPOB reported a slight decline in the country’s palm oil exports, which were marginally lower by 0.29 percent, or 1.32 million tonnes, in August compared to 1.33 million tonnes in July.
Despite the dip in exports, Malaysia’s CPO production saw an increase of 2.35 percent month-on-month, reaching 1.86 million tonnes in August up from 1.81 million tonnes in July. At the close, the spot-month September 2025 contract decreased RM48 to RM4,340, the October 2025 contract dropped RM62 to RM4,372, while the November 2025 and December 2025 contracts fell by RM66 to RM4,413 and RM4,446, respectively.
Meanwhile, the January 2026 contract fell by RM62 to RM4,463, and the February 2026 contract eased by RM62 to RM4,459. Volume increased significantly to 87,050 lots from 46,854 on Tuesday, while open interest grew to 254,559 contracts from 252,265 previously. The physical CPO price for September South declined RM10 to RM4,390 per tonne.