Kuala lumpur: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today in view that production may have reached its seasonal peak, a palm oil trader said. David Ng noted that stronger soybean oil prices during Asian trading hours also contributed to the positive market sentiment.

According to BERNAMA News Agency, the December 2025 contract rose RM36 to RM4,096 per tonne, while the January 2026 contract gained RM55 to RM4,146 per tonne. The February 2026 contract saw an increase of RM65 to RM4,159 per tonne. Additionally, the March and April 2026 contracts climbed RM69 each to RM4,173 per tonne and RM4,176 per tonne respectively, with the May 2026 contract adding RM67 to reach RM4,172 per tonne.

Total trading volume grew to 64,559 lots from 51,780 the previous day, although open interest decreased to 227,917 contracts from 280,164. The physical CPO price for December South edged up by RM20 to RM4,130 per tonne.