CPO Futures End Higher On Stronger Soybean Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, Sept 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by stronger soybean oil prices.

Palm oil trader David Ng said expectations of weaker production in the coming weeks also underpinned the market.

“We see support at RM4,300 per tonne and resistance at RM4,580,” he told Bernama.

At the close, the spot-month October 2025 contract rose RM27 to RM4,331 per tonne, November 2025 advanced RM37 to RM4,360, and December 2025 added RM36 to RM4,379.

January 2026 gained RM36 to RM4,396 per tonne, February 2026 climbed RM35 to RM4,396, and March 2026 was up RM35 to RM4,378.

Volume fell to 57,779 lots from 157,094 on Tuesday, while open interest declined to 258,603 contracts from 266,151 previously.

The physical CPO price for October South increased by RM30 to RM4,370 per tonne.

-- BERNAMA