Kuala lumpur: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mixed on Friday as weekend profit-taking offset support from stronger related vegetable oil futures. According to BERNAMA News Agency, Fastmarkets Palm Oil Analytics senior analyst Dr. Sathia Varqa noted that buying sentiment was buoyed by a robust finish in related vegetable oil futures and ongoing concerns over supply due to El Nino weather risks.
However, Varqa highlighted that weekend profit-taking tempered the earlier gains. "The positive momentum eased towards the close, with the most active third-month October contract ending below the previous day's settlement price," he explained.
At the close, the spot-month August 2026 contract remained unchanged at RM4,528 per tonne, while September 2026 decreased by RM32 to RM4,576 per tonne and October 2026 fell by RM14 to RM4,710 per tonne. In contrast, November 2026 saw an increase of RM2 to RM4,807 per tonne, December 2026 rose by RM17 to RM4,879 per tonne, and January 2027 strengthened by RM28 to RM4,936 per tonne.
Trading volume saw a decrease, registering 109,995 lots compared to 136,861 lots on Thursday, while open interest increased to 327,575 contracts from the previous 322,540 contracts. Meanwhile, the physical CPO price for August South decreased by RM10 to RM4,520 per tonne.