Kuala lumpur: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended lower, influenced by declining soybean oil prices, as reported by a local trader.

According to BERNAMA News Agency, palm oil trader David Ng highlighted that the market sentiment was also impacted by the appreciation of the ringgit against the US dollar. Ng noted that prices are finding support above RM4,100, with resistance at RM4,250.

At 6 pm, the ringgit strengthened to 4.1315/1385 against the US dollar, compared to the previous day's close of 4.1360/1395. By the end of trading, the spot-month November 2025 contract decreased by RM111 to RM3,957 per tonne. The December 2025 contract saw a reduction of RM15, settling at RM4,085, while the January 2026 contract dropped by RM13, ending at RM4,124.

The February 2026 contract experienced a slight decrease of RM12 to RM4,153 per tonne. Similarly, the March 2026 and April 2026 contracts declined by RM10 and RM8, closing at RM4,170 and RM4,178 respectively. The total volume of contracts surged to 57,444 lots from 89,319 on Tuesday, with open interest reducing to 263,092 contracts from 263,747.

The physical CPO price for November South was down by RM20, settling at RM4,110 a tonne.