By K. Naveen Prabu
KUALA LUMPUR, Sept 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, driven by stronger exports.
Palm oil trader David Ng said expectations of weaker production in the coming weeks also underpinned the market.
“We see support at RM4,350 per tonne and resistance at RM4,580,” he told Bernama.
At the close, the spot-month October 2025 contract rose RM34 to RM4,365 per tonne, November 2025 advanced RM49 to RM4,409, and December 2025 added RM60 to RM4,439.
January 2026 gained RM63 to RM4,459 per tonne, February 2026 climbed RM63 to RM4,459, and March 2026 was up by RM59 to RM4,437.
Volume increased to 81,471 lots from 57,779 on Wednesday, while open interest declined to 250,105 contracts from 258,603 previously.
The physical CPO price for October South increased by RM30 to RM4,400 per tonne.
-- BERNAMA
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