Kuala lumpur: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade higher next week amid the ongoing crisis in West Asia, a trader said. Iceberg X Sdn Bhd proprietary trader David Ng noted that news regarding Indonesia's B50 biodiesel programme is also projected to boost market sentiment. "We expect CPO prices to trade between RM4,750 and RM4,950 per tonne next week," he told Bernama.

According to BERNAMA News Agency, the April 2026 contract increased RM205 to RM4,745 per tonne on a Friday-to-Friday basis. Similarly, the May 2026 contract rose by RM188 to RM4,799 per tonne, and June 2026 saw an increase of RM208 to RM4,839 per tonne. Meanwhile, the July 2026 contract gained RM224 to RM4,844 per tonne, August 2026 added RM227 to RM4,824 per tonne, and September 2026 advanced RM219 to RM4,789 per tonne.

The weekly trading volume surged to 518,950 lots from the previous week's 363,166 lots, while open interest grew to 252,147 contracts from 236,911 contracts. The physical CPO price for April South also strengthened by RM200, reaching RM4,760 a tonne.