Kuala lumpur: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Wednesday due to expectations of rising output and higher stock levels. Palm oil trader David Ng mentioned that weaker soybean oil prices also negatively influenced market sentiment. "We see prices supported at RM4,350 and resistance at RM4,520," he told Bernama.
According to BERNAMA News Agency, at the close, the spot-month September 2025 contract fell RM21 to RM4,362 a tonne. Meanwhile, October 2025 and November 2025 contracts declined RM34 each, settling at RM4,404 and RM4,442, respectively. The December 2025 contract saw a decrease of RM27, ending at RM4,472 a tonne. Contracts for January 2026 eased by RM24 to RM4,485, and February 2026 dropped RM20 to RM4,477.
The trading session saw a rise in volume to 67,415 lots, compared to 59,839 on Tuesday. However, open interest slightly decreased to 253,198 contracts from 254,494 previously. The physical CPO price for September South also saw a reduction, down by RM20 to RM4,400 per tonne.