CPO Futures End Higher On Stronger Soybean Oil Prices
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by stronger soybean oil prices.
Palm oil trader David Ng said the stronger export performance of CPO also lifted market sentiment. “We see support at RM4,400 per tonne and resistance at RM4,580,” he told Bernama.
At the close, the spot-month October 2025 contract, along with the November 2025 contract, jumped RM52 each to RM4,411 and RM4,417 per tonne, respectively.
The December 2025 note rose RM58 to RM4,446 while January 2026 gained RM57 to RM4,461, and February 2026 added RM55 to RM4,458. The March 2026 contract went up RM50 to RM4,434.
The volume fell to 82,073 lots from 83,099 on Wednesday, while open interest surged to 270,071 contracts from 260,977 previously.
The physical CPO price for October South added RM40 to RM4,430 per tonne.
-- BERNAMA