Kuala lumpur: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, impacted by profit-taking activities and a decline in related vegetable oil prices.

According to BERNAMA News Agency, Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa noted that profit-taking occurred as traders sought to secure gains following recent increases in CPO prices. The depreciation in related vegetable oils further affected market sentiment, as Varqa explained that when these oils weaken, palm oil becomes less competitive, prompting buyers to opt for cheaper alternatives.

At the close of trading, the August 2026 contract saw a reduction of RM52 to RM4,510 per tonne. Similarly, the September 2026 contract fell RM58 to RM4,590 per tonne, and the October 2026 contract declined RM51 to RM4,697 per tonne. The November 2026 contract decreased by RM44 to RM4,776 per tonne, the December 2026 contract slipped RM40 to RM4,828 per tonne, and the January 2027 contract dropped RM34 to RM4,872 per tonne.

The trading volume experienced a decline, falling to 110,756 lots from 127,603 lots on Tuesday. Open interest also eased to 319,529 contracts from 320,164 contracts previously. Additionally, the physical CPO price for August South decreased by RM40 to RM4,520 per tonne.