By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Sept 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, reversing earlier gains due to weaker soybean oil prices.
Palm oil trader David Ng said concerns over rising stock levels ahead of a key crop report, which is scheduled to be released tomorrow, also weighed on market sentiment. “We see support at RM4,400 and resistance at RM4,600 per tonne,” he told Bernama.
At the close, the spot-month September 2025 contract, along with the October 2025 contract, dropped RM11 each to RM4,388 and RM4,434 per tonne, respectively, while the November 2025 note fell RM9 to RM4,479.
The December 2025 contract dipped RM6 to RM4,512 per tonne, January 2026 lost RM8 to RM4,525, and February 2026 eased RM4 to RM4,521.
Volume narrowed to 46,854 lots from 55,479 on Monday, while open interest expanded to 252,265 contracts from 250,875 previously.
The physical CPO price for September South declined RM30 to RM4,400 per tonne.
-- BERNAMA
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