CPO Futures Close Mixed On Concerns Of Rising Output

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 11 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed mixed on Thursday, amid concerns that production may rise in the coming weeks, said palm oil trader David Ng.

He added that weak CPO demand is also expected to weigh on market sentiment.

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

At the close, the December 2025 contract added RM10 to RM4,010 per tonne, January 2026 inched up by RM5 to RM4,046, while February 2026 contract remained unchanged at RM4,063.

However, March 2026 contract eased RM8 to RM4,074 per tonne, April 2026 contract shed RM10 to RM4,083, and May 2026 contract declined RM11 to RM4,083.

Total volume rose to 99,894 lots from 93,865 lots yesterday, while open interest fell to 267,153 contracts from 268,266 contracts previously.

The physical CPO price for December South slipped RM10 to RM4,070 per tonne.

-- BERNAMA