Kuala lumpur: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, supported by expectations of weaker production and firm export demand.

According to BERNAMA News Agency, palm oil trader David Ng stated that market sentiment has improved as traders anticipate lower output in the coming weeks, while recent survey data points to strong exports. Ng highlighted that the combination of weaker production prospects and steady exports is maintaining price support.

Ng also mentioned that strong buying interest from India has been a significant factor supporting the market. India continues to increase its palm oil imports due to competitive pricing and sustained demand. He noted that there is support at RM4,000 per tonne and resistance at RM4,180.

At the close of trading, the spot-month July contract saw a decrease of RM2 to RM4,032 per tonne. Meanwhile, the August 2025 contract gained RM29, reaching RM4,084 per tonne, and September 2025 rose by RM29 to RM4,091 per tonne. October 2025 advanced RM29 to RM4,092 per tonne, November 2025 climbed RM25 to RM4,090 per tonne, and December 2025 increased RM21 to RM4,095 per tonne.

The trading volume experienced a decrease to 58,749 lots from 64,163 on Wednesday, while open interest increased to 225,914 contracts from 224,873 previously. Additionally, the physical CPO price for July South rose RM30 to RM4,080 per tonne.