Kuala lumpur: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week, given the recent strength in export performance, a dealer said. Palm oil trader David Ng noted that the positive sentiment will continue to provide positive momentum to market sentiment and sustain buying interest among traders. “We expect CPO prices to trade between RM4,330 and RM4,450 per tonne next week,” he told Bernama.

According to BERNAMA News Agency, Interband Group of Companies senior palm oil trader Jim Teh mentioned that CPO futures will likely trade between RM4,000 and RM4,200 per tonne. He highlighted that CPO futures have been performing well compared to crude oil prices, which have recently declined. The physical demand for palm oil is expected to come from China, India, Pakistan, the Middle East, Europe, and the United States.

Bursa Malaysia Derivatives experienced a temporary closure for two days this week, on September 15 and 16, 2025, in conjunction with Malaysia Day, and resumed operations on September 17, 2025. On a weekly basis, several contracts experienced declines: the October 2025 contract fell by RM43 to RM4,365 per tonne, the November 2025 contract declined by RM49 to RM4,396 per tonne, the December 2025 contract dropped by RM45 to RM4,425, the January 2026 contract reduced by RM40 to RM4,442, and the February 2026 contract fell by RM37 to RM4,434 per tonne. The September 2025 and March 2026 contracts stood at RM4,383 and RM4,404 per tonne, respectively.

The weekly trading volume saw a reduction to 264,468 lots from 527,663 lots the previous week, while open interest decreased to 260,581 contracts from 263,070 contracts. The physical CPO price for September South lost RM20 to RM4,400 per tonne.