By Durratul Ain Ahmad Fuad
KUALA LUMPUR, June 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, tracking stronger soyabean oil prices on the Chicago Board of Trade, said palm oil trader David Ng.
He noted that the recent export strength is also seen as another factor supporting market sentiment today.
“We see prices supported at RM3,800 per tonne and resistance at RM4,000 per tonne,” he told Bernama.
At the close, the spot-month June 2025 and July 2025 contracts added RM7 each to RM3,911 per tonne and RM3,930 per tonne, respectively, August 2025 rose RM14 to RM3,917 per tonne, September 2025 went up RM16 to RM3,906 per tonne, October 2025 put on RM13 to RM3,899 per tonne, and November 2025 advanced RM8 to RM3,899 per tonne.
Trading volume eased to 62,878 lots from 64,761 lots yesterday, while open interest edged down to 241,688 contracts from 245,562 contracts previously.
The physical CPO price for June South increased by RM10 to RM3,960 per tonne.
-- BERNAMA
