Kuala lumpur: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is anticipated to maintain a range-bound trading pattern next week amidst muted activity due to the short trading week.

According to BERNAMA News Agency, Jim Teh, CPO futures are expected to trade between RM3,900 and RM4,000 per tonne. Meanwhile, palm oil trader David Ng noted that the market is anticipated to move within a tight range as participants evaluate potential new catalysts that could influence the next market direction. Ng expects prices to fluctuate between RM4,350 and RM4,580 per tonne next week.

On a weekly basis, the September 2025 contract experienced a rise of RM12 to RM4,383 per tonne, while the October 2025 contract saw a decrease of RM4 to RM4,408 per tonne. The November 2025 contract declined by RM3 to RM4,445 per tonne, December 2025 edged down RM5 to RM4,470, January 2026 dropped RM8 to RM4,482, and February 2026 fell RM11 to RM4,471 per tonne.

Weekly trading volume increased significantly to 527,663 lots from 141,151 lots the previous week, while open interest rose to 263,070 contracts from 252,812 contracts previously. The physical CPO price for September South increased by RM20 to RM4,420 per tonne.