Kuala lumpur: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives concluded with mixed results on Tuesday, driven by anticipated slower export activity. According to BERNAMA News Agency, Iceberg X Sdn Bhd proprietary trader David Ng indicated that persistent dry weather conditions, which might impact yields in the medium term, continue to support the market.

Ng remarked, "We see prices supported above RM4,900, with resistance at RM5,050." At the close of trading, the September 2026 and October 2026 contracts decreased by RM10 each, settling at RM4,688 and RM4,806 per tonne, respectively. Meanwhile, the November 2026 contract experienced a slight decline of RM2, closing at RM4,976 per tonne.

In contrast, the December 2026 contract saw an increase of RM5 to RM5,115 per tonne. The January 2027 and February 2027 contracts also rose, gaining RM10 to RM5,224 per tonne and RM7 to RM5,301 per tonne, respectively. Trading volume increased to 120,701 lots from Monday's 91,019 lots, though open interest dipped to 336,966 contracts from the previous 337,392 contracts.

The physical CPO price for September South remained unchanged at RM4,700 per tonne.