Kuala lumpur: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly lower on Monday, tracking losses in soybean oil. However, Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said CPO futures had shown 'remarkable resilience,' recovering from early losses instead of falling further.

According to BERNAMA News Agency, Bagani mentioned that concerns over increased selling of Indonesian palm oil are 'likely' easing after reports that Indonesia's commodity export agency will focus on monitoring key raw material export prices rather than intervening in trade. He added that there will be a meeting regarding Indonesian B650 biodiesel allocations, which will guide the future course of price action in palm oil.

At the close of trading, the June 2026 contract rose by RM19 to RM4,406 per tonne, but the July contract decreased by RM23 to RM4,412. The August 2026 and November 2026 contracts both fell by RM24, settling at RM4,451 and RM4,547, respectively. Additionally, the September 2026 contract declined by RM26 to RM4,485 per tonne, and the October 2026 contract decreased by RM29 to RM4,515.

Trading volume saw a significant drop, falling to 72,726 lots from 119,170 on the previous Friday, while open interest decreased to 281,385 contracts from 283,513. Meanwhile, the physical CPO price for June South declined by RM40, reaching RM4,430 per tonne.