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CPO Futures End Marginally Lower On Weaker Soybean, Crude Oil Prices

03/10/2025 09:31 PM

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 3 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended marginally lower today, tracking the weaker performance of soybean oil and crude oil prices, said palm oil trader David Ng.

“We see support at RM4,400 and resistance at RM4,550,” he told Bernama.

At the close, the spot-month October 2025 contract fell RM11 to RM4,400 a tonne, while the November 2025 note added RM1 to RM4,418 a tonne.

The December 2025 and January 2026 notes eased RM4 each to RM4,442 and RM4,457 a tonne, respectively. The February 2026 contract slipped RM10 to RM4,448 a tonne, and the March 2026 contract lost RM18 to RM4,416 a tonne.

Total volume fell to 62,039 lots from 82,073 lots on Thursday, while open interest increased to 273,808 contracts from 270,071 previously. At the physical market, October South dropped RM10 to RM4,420 a tonne.

-- BERNAMA

 

 


 


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