By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Sept 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday on expectations of weaker output in the coming weeks, said palm oil dealer David Ng.
“We see support at RM4,400 a tonne and resistance at RM4,580 a tonne,” Ng told Bernama.
At the close, the spot month September 2025 contract rose RM28 to RM4,399 a tonne, October 2025 increased RM33 to RM4,445 a tonne, and November 2025 improved RM40 to RM4,448 a tonne.
Meanwhile, the December 2025, January 2026, and February 2026 notes appreciated by RM43 to RM4,518 per tonne, RM4,533 per tonne and RM4,525 per tonne, respectively.
Volume decreased to 55,479 lots from 73,897 on Thursday last week, while open interest slid to 250,875 contracts from 252,812 previously.
The physical CPO price for September South rose RM30 to RM4,430 per tonne.
-- BERNAMA
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