CPO Futures End Higher On Firmer Soybean Oil Prices
06/11/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives ended higher on Thursday, supported by stronger soybean oil prices on the Chicago Board of Trade, said palm oil trader David Ng.
He said the market sentiment was also lifted by buying activities from India due to recent low prices.
“We see support at RM4,100 per tonne and resistance at RM4,280,” Ng told Bernama.
At the close, the spot-month November 2025 contract rose RM39 toRM4,114 a tonne, December 2025 gained RM38 to RM4,117 a tonne, and January 2026 advanced RM41 to RM4,149 a tonne.
Meanwhile, February 2026 added RM39 to RM4,180 a tonne, March 2026 improved RM34 to RM4,197 a tonne, and April 2026 increased RM32 to RM4,204 a tonne.
Total volume tumbled to 85,351 lots from 87,213 lots on Wednesday, while open interest dipped to 262,069 contracts from 262,625 contracts previously.
The physical CPO price for November South increased by RM20 to RM4,130 a tonne.