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MARKET • 11/09/2026 09:07 PM

CPO Futures End Lower On Rising Stocks, Production

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives finished lower on Friday amid ongoing concerns over rising stock levels and production in the country.

Iceberg X Sdn Bhd proprietary trader David Ng said recent export sluggishness also contributed to the price pressure.

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“However, stronger soybean oil and crude oil prices limited the price decline. We see prices supported above RM4,800 per tonne and resistance at RM4,950 per tonne,” he told Bernama.

At the close, the September 2026 contract fell RM48 to RM4,550 per tonne, the October 2026 contract dropped RM46 to RM4,670 per tonne, and the November 2026 contract slid RM71 to RM4,814 per tonne.

Meanwhile, the December 2026 contract went down RM89 to RM4,944 per tonne, January 2027 declined RM98 to RM5,056 per tonne, and February 2027 reduced RM100 to RM5,148 per tonne.

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Trading volume increased to 176,318 lots from 149,992 on Thursday, while open interest widened to 349,906 contracts from 340,891 previously.

The physical CPO price for September South fell RM30 to RM4,620 per tonne.

-- BERNAMA



 

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