By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Thursday, tracking weakness in soybean oil prices.
Palm oil trader David Ng said the recent ringgit strength might also have affected overall demand for CPO. “We see the commodity’s prices supported above RM4,400 with resistance at RM4,530,” he told Bernama.
At the close, the spot-month October 2025 contract fell by RM46 to RM4,368 per tonne, the November 2025 contract declined RM45 to RM4,405, and the December 2025 contract lost RM40 to RM4,435.
The January 2026 contract shed RM38 to RM4,449 per tonne, while February 2026 and March 2026 contracts were down RM35 each to RM4,440 and RM4,406, respectively.
Volume eased to 87,738 lots from 100,222 on Wednesday, while open interest dropped to 260,960 contracts from 263,281 previously.
The physical CPO price for October South lost RM40 to RM4,400 per tonne.
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