Kuala lumpur: The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives continued to close lower on Monday amid expectations of a pick-up in production pace, said palm oil trader David Ng. He noted that weaker soybean oil prices also contributed to the downward pressure on CPO prices.

According to BERNAMA News Agency, support levels were observed at RM4,400 with resistance at RM4,550. The spot-month October 2025 contract fell RM15 to RM4,385 a tonne. The November 2025 contract saw a decline of RM10 to RM4,408 a tonne, and the December 2025 contract decreased by RM5 to RM4,437 a tonne.

In the early months of 2026, the January contract slipped RM4 to RM4,453, February edged down by RM1 to RM4,447 a tonne, while the March contract saw a slight increase, adding RM9 to reach RM4,425 a tonne. The total trading volume fell to 45,567 lots from 62,039 lots on the previous Friday. Meanwhile, open interest saw a decrease, falling to 272,369 contracts from 273,808.

In the physical market, October South showed a rise, increasing by RM10 to reach RM4,430 a tonne.