Kuala lumpur: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued its rally to close higher on Wednesday following the uptrend in soybean oil prices. Palm oil trader David Ng noted that weaker CPO production in Indonesia also buoyed market sentiment.

According to BERNAMA News Agency, CPO prices are seeing support at RM4,200 per tonne with resistance at RM4,350. At the market close, the spot-month August and October 2025 contracts increased by RM15 each to RM4,259 and RM4,330 per tonne, respectively. Meanwhile, the September 2025 and December 2025 contracts rose by RM12 each to RM4,310 and RM4,329 per tonne, respectively.

The November 2025 contract saw an improvement of RM14 to RM4,334 per tonne, and the January 2026 contract climbed RM8 to RM4,321 per tonne. Trading volume slightly decreased to 75,735 lots from 75,900 lots on Wednesday, while open interest expanded to 233,661 contracts from 231,569 previously.

The physical CPO price for July South increased by RM10 to RM4,280 per tonne.