CPO Futures End Lower On Weaker Soybean, Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 29 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, following the weaker performance of soybean oil and crude oil prices, said palm oil trader David Ng.

“We see support at RM4,200 and resistance at RM4,350 per tonne,” he told Bernama.

At the close, the spot-month November 2025 and December 2025 contracts lost RM72 each to RM4,212 and RM4,228 a tonne, while the January 2026 contract fell RM65 to RM4,252 a tonne.

The February 2026 contract dropped RM60 to RM4,270 a tonne, March 2026 declined RM56 to RM4,275 a tonne, and April 2026 dipped RM53 to RM4,268 a tonne.

Total volume rose to 118,172 lots from 106,224 lots on Tuesday, while open interest slid to 268,147 contracts from 270,174 contracts previously.

On the physical market, November South decreased RM80 to RM4,260 a tonne.

-- BERNAMA