By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, reversing previous sessions of losses as the market expects production to grow at a slower pace in the coming weeks, said palm oil trader David Ng.
He said the stronger export performance had also lifted market sentiment. “We expect prices to remain supported above RM4,350, with resistance at RM4,550,” Ng told Bernama.
At the close, the spot-month October 2025 contract jumped RM54 to RM4,359 per tonne, the November 2025 contract rose RM41 to RM4,365, and the December 2025 contract added RM36 to RM4,388.
The January 2026 contract inched up RM28 to RM4,404, the February 2026 contract increased RM21 to RM4,403, while the March 2026 contract was up RM15 to RM4,384.
Volume fell to 83,099 lots from 93,836 on Tuesday, while open interest surged to 260,977 contracts from 258,884 previously.
The physical CPO price for October South added RM50 to RM4,390 per tonne.
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