CPO Futures To Trade Range-Bound Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 13 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound next week amid muted activity due to the short trading week, according to a trader.

According to Interband Group of Companies senior palm oil trader, Jim Teh, CPO futures will likely trade between RM3,900 and RM4,000 per tonne.

Meanwhile, palm oil trader David Ng said the market is expected to move within a tight range as participants digest potential new catalysts that could influence the next market direction.

“We expect prices to move between RM4,350 and RM4,580 per tonne next week,” he said.

On a weekly basis, the September 2025 contract rose RM12 to RM4,383 per tonne, while the October 2025 contract fell RM4 to RM4,408 per tonne.

 The November 2025 contract declined RM3 to RM4,445 per tonne, December 2025 edged down RM5 to RM4,470, January 2026 dropped RM8 to RM4,482, and February 2026 fell RM11 to RM4,471 per tonne.

Weekly trading volume jumped to 527,663 lots from 141,151 lots last week, while open interest increased to 263,070 contracts from 252,812 contracts previously.

The physical CPO price for September South rose RM20 to RM4,420 per tonne.

-- BERNAMA