Kuala lumpur: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended marginally higher on Thursday. Palm oil trader David Ng noted that early gains were reversed due to concerns over a stronger ringgit potentially affecting demand. "We see support at RM4,100 and resistance at RM4,280," he commented to Bernama.

According to BERNAMA News Agency, at 6 pm, the ringgit appreciated to 4.1260/1300 against the US dollar compared to the previous day's close of 4.1315/1385. At the market's close, futures for December 2024 and March 2026 rose by RM2 each to RM4,087 and RM4,172 per tonne, respectively. Meanwhile, January 2026 increased by RM1 to RM4,125, and April 2026 saw a RM3 increase to RM4,181 per tonne.

The February 2026 contract remained at RM4,153 per tonne, whereas the spot-month November 2025 contract fell by RM22 to RM3,935. The total trading volume surged to 106,879 lots from 57,444 on Wednesday, with open interest rising to 265,902 contracts from 263,092 previously. The physical CPO price for November South decreased by RM30 to RM4,080 per tonne.