CPO Futures End Lower On Persistent Soybean Oil Weakness

Kuala lumpur: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday due to persistent weakness in the soybean oil market. Palm oil trader David Ng noted that the recent strength of the ringgit might curb demand for CPO, stating, "We see the commodity's price supported above RM4,350 with resistance at RM4,520," in a conversation with Bernama.

According to BERNAMA News Agency, at the market close, the spot-month October 2025 contract slid RM3 to RM4,365 per tonne. The November 2025 contract declined RM9 to RM4,396, and the December 2025 contract lost RM10 to RM4,425. Additionally, the January 2026 contract shed RM7 to RM4,442 per tonne, the February 2026 contract shrank RM6 to RM4,434, and the March 2026 contract inched down RM2 to RM4,404.

Volume eased to 76,508 lots from 87,738 on Thursday, while open interest decreased slightly to 260,581 contracts from 260,960 previously. The physical CPO price for October South remained stable at RM4,400 per tonne, unchanged from the previous day's close.