CPO Futures End Higher On Stronger Soybean, Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 27 (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 higher crude oil prices also lifted market sentiment.

“We see support at RM4,000 per tonne and resistance at RM4,180,” he told Bernama.

At the close, the December 2025 contract surged by RM52 to RM4,050, the January 2026 contract rose by RM67 to RM4,081 per tonne, and the February 2026 contract gained RM66 to RM4,090 per tonne.

The March 2026 contract improved by RM65 to RM4,103 per tonne, April 2026 contract appreciated by RM61 to RM4,106 per tonne, while May 2026 contract climbed by RM60 to RM4,101 per tonne.

Total volume declined to 47,327 lots from 78,914 on Wednesday, while open interest fell to 282,153 contracts from 283,393 previously.

The physical CPO price for December South edged up by RM60 to RM4,100 per tonne.

-- BERNAMA