CPO Futures End Lower On Higher Stock Levels In Nov 2025

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today after the Malaysian Palm Oil Board (MPOB) reported a 13 per cent increase in stock levels for November 2025 compared with October 2025, alongside weaker export performance, said palm oil trader David Ng.

He said persistently high stocks continued to weigh on market sentiment.

“Prices are supported above RM4,000 but face resistance around RM4,180 per tonne,” he told Bernama today.

At the close, the December 2025 contract slid RM31 to RM4,000 per tonne, January 2026 decreased by RM44 to RM4,041, and the February 2026 contract lost RM43 to RM4,063 per tonne.

The March 2026 contract fell by RM41 to RM4,082 per tonne, the April 2026 contract dipped RM35 to RM4,093, and the May 2026 contract declined by RM30 to RM4,094 per tonne.

Total volume surged to 93,865 lots from 58,351 lots yesterday, while open interest climbed to 268,266 contracts from 265,437 contracts previously.

The physical CPO price for December South inched down by RM10 at RM4,080 per tonne.

-- BERNAMA