CPO Futures End Mixed As Profit-taking, Weaker Vegetable Oils Weigh

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Sept 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mixed today, as profit-taking emerged after the prices rose earlier in the session, according to an analyst.

Fastmarkets Palm Oil Analytics senior analyst Dr Sathia Varqa said CPO futures opened the trading week modestly higher, extending buying momentum as traders tracked sharp gains in crude oil prices during Asian trading hours.

“However, after advancing further in the second half of the session, the rally lost steam as profit-taking emerged and steep losses in related vegetable oil markets weighed on sentiment, trimming gains across the board and resulting in a mixed close,” he told Bernama.

At the close, the September 2026 contract rose RM47 to RM4,597 per tonne, while the October 2026 contract strengthened RM47 to RM4,717 per tonne and the November 2026 contract increased RM36 to RM4,850 per tonne.

Meanwhile, the December 2026 contract climbed RM14 to RM4,958 per tonne, while January 2027 declined RM4 to RM5,052 per tonne and February 2027 slid RM16 to RM5,132 per tonne.

Trading volume slipped to 147,722 lots from 176,318 on last Friday, while open interest edged up to 351,160 contracts from 349,906 previously.

The physical CPO price for September South rose RM10 to RM4,630 per tonne.

-- BERNAMA