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MARKET • 16/02/2026 09:25 PM

CPO Futures End Lower On Weak Demand Outlook

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Monday on expectations of weaker demand in the coming weeks, a trader said.

Iceberg X Sdn Bhd proprietary trader David Ng said trading volume was muted ahead of a quiet week, with both the Dalian Commodity Exchange and Bursa Malaysia closed for the next two days for the Chinese New Year holiday.

“We see CPO prices supported above RM3,950 per tonne, with resistance at RM4,200,” he told Bernama.

At the close, the new spot-month March 2026 contract fell RM24 to RM4,013 per tonne. April and May 2026 declined RM30 each to RM4,020 and RM4,016 per tonne, respectively.

June 2026 slipped RM29 to RM4,011 per tonne, while July and August 2026 eased RM27 each to RM4,008 and RM4,002 per tonne, respectively.

Trading volume dropped to 40,371 lots from 116,044 on Friday, while open interest edged down to 225,359 from 230,392 previously.

The physical CPO price for March South fell RM10 to RM4,040 per tonne.

-- BERNAMA  

 

 


 

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