By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 19 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday on persistent weakness of the soybean oil market.
Palm oil trader David Ng said the recent ringgit strength might curb demand for CPO. “We see the commodity’s price supported above RM4,350 with resistance at RM4,520,” he told Bernama.
At the close, the spot-month October 2025 contract slid RM3 to RM4,365 per tonne, the November 2025 contract declined RM9 to RM4,396, and the December 2025 contract lost RM10 to RM4,425.
The January 2026 contract shed RM7 to RM4,442 per tonne, while the February 2026 contract shrank RM6 to RM4,434, and the March 2026 contract inched down RM2 to RM4,404.
Volume eased to 76,508 lots from 87,738 on Thursday, while open interest eased to 260,581 contracts from 260,960 previously.
The physical CPO price for October South stood at RM4,400 per tonne, unchanged from yesterday's close.
-- BERNAMA
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