CPO Futures End Lower On Weak Export Pace Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, impacted by concerns over weak export pace after the Malaysian Palm Oil Board (MPOB) reported softer export performance for August.

Palm oil trader David Ng said weaker soybean oil prices also weighed on market sentiment.

“We see support at RM4,350 and resistance at RM4,520 per tonne,” he told Bernama.

MPOB reported that the country’s palm oil exports were marginally lower by 0.29 per cent, or 1.32 million tonnes, last month compared with 1.33 million tonnes in the preceding month.

However, Malaysia’s CPO production increased by 2.35 per cent month-on-month to 1.86 million tonnes in August from 1.81 million tonnes in July.

At the close, the spot-month September 2025 contract slipped RM48 to RM4,340, the October 2025 contract dropped RM62 to RM4,372, while November 2025 and December 2025 fell by RM66 to RM4,413 and RM4,446, respectively.

Meanwhile, the January 2026 contract fell by RM62 to RM4,463, and the February 2026 contract eased by RM62 to RM4,459.

Volume rose to 87,050 lots from 46,854 on Tuesday, while open interest expanded to 254,559 contracts from 252,265 previously.

The physical CPO price for September South declined RM10 to RM4,390 per tonne.

-- BERNAMA