Accra:Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly lower on Thursday, influenced by weaker soybean oil prices on the Chicago Board of Trade.

According to BERNAMA News Agency, proprietary trader David Ng from Iceberg X Sdn Bhd noted that softer crude oil prices also affected market sentiment for CPO. He mentioned that support is expected around RM4,600 per tonne, with resistance at RM4,750 per tonne.

At the close of trading, the October 2026 contract remained unchanged at RM4,427 per tonne. The November 2026 contract fell by RM84 to RM4,476 per tonne, while the December 2026 contract dropped RM81 to RM4,619 per tonne. Additionally, the January 2027 and February 2025 contracts each decreased by RM85 to RM4,725 per tonne and RM4,815 per tonne, respectively, and the March 2027 contract fell RM79 to RM4,899 per tonne.

Trading volume increased significantly to 133,700 lots from 124,058 the previous day, even as open interest slightly declined to 333,964 contracts from 335,045. The physical CPO price for October South decreased by RM60 to RM4,440 per tonne.