By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Sept 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Monday, tracking weakness in soybean oil prices.
Palm oil trader David Ng said sentiment was pressured by falling prices, though expectations of lower CPO stocks in the coming weeks helped limit losses.
“We see the commodity’s prices supported above RM4,350 with resistance at RM4,450,” he told Bernama.
At the close, the spot-month October 2025 contract fell RM2 to RM4,319 a tonne. November shed RM12 to RM4,355 and December eased RM11 to RM4,385.
The January 2026 contract slipped RM10 to RM4,410 a tonne, while February lost RM4 to RM4,416 and March was down RM8 to RM4,400.
Volume narrowed to 52,120 lots from 72,074 on Friday, while open interest rose to 254,348 contracts from 250,893.
The physical CPO price for October South decreased RM10 to RM4,350 per tonne.
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