CPO Futures End Marginally Higher, Reversing Earlier Gains On Higher Stocks, Output

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 10 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended marginally higher on Monday, reversing earlier gains on higher stockpiles and production, a trader said.

Palm oil trader David Ng said lower export expectations also weighed down on market sentiment.

"We see prices supported above RM4,100 and resistance at RM4,280," he told Bernama.

At the close, the spot-month November 2025 and December 2025 contracts remained unchanged at RM4,080 and RM4,082 per tonne, respectively, and January 2026 inched up RM3 to RM4,112.

Meanwhile, the February 2026 contract was up by RM5 to RM4,142 per tonne, March 2026 marginally higher by RM1 to RM4,158, but April 2026 shed RM3 to RM4,165.

Total volume decreased to 57,032 lots from 81,478 lots last Friday, while open interest dropped to 262,314 contracts from 264,821 contracts previously.

The physical CPO price for November South was up by RM10 to RM4,130 a tonne.

-- BERNAMA