CPO Futures End Marginally Higher, Reversing Earlier Gains On Higher Stocks, Output

Kuala lumpur: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended marginally higher on Monday, reversing earlier gains on higher stockpiles and production, a trader said. Palm oil trader David Ng stated that lower export expectations also affected market sentiment.

According to BERNAMA News Agency, prices held above RM4,100, with resistance noted at RM4,280. At the close, the spot-month November 2025 and December 2025 contracts remained unchanged at RM4,080 and RM4,082 per tonne, respectively. The January 2026 contract increased by RM3 to RM4,112.

The February 2026 contract rose by RM5 to RM4,142 per tonne, while the March 2026 contract increased marginally by RM1 to RM4,158. Conversely, the April 2026 contract saw a decrease of RM3 to RM4,165.

Total volume decreased to 57,032 lots from 81,478 lots last Friday, and open interest dropped to 262,314 contracts from 264,821 contracts previously. The physical CPO price for November South increased by RM10 to RM4,130 a tonne.