CPO Futures End Lower On Weaker Soybean Oil Prices
By K. Naveen Prabu
KUALA LUMPUR, Sept 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, tracking weaker soybean oil prices.
Palm oil trader David Ng said the decline in soybean oil weighed on sentiment across the vegetable oil complex, dragging down CPO prices in tandem.
“We see support at RM4,300 per tonne and resistance at RM4,550,” he told Bernama.
At the close, the spot-month October 2025 contract declined RM44 to RM4,321 per tonne, while November 2025 slipped RM42 to RM4,367 and December 2025 shed RM43 to RM4,396.
January 2026 eased RM39 to RM4,420 per tonne, February 2026 went down RM39 to RM4,420, and March 2026 weakened RM29 to RM4,408.
Volume decreased to 72,074 lots from 81,471 on Thursday, while open interest increased to 250,893 contracts from 250,105 previously.
The physical CPO price for October South decreased by RM40 to RM4,360 per tonne.
-- BERNAMA