By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 14 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended mixed on Friday amid cautious trading, despite stronger soybean oil prices on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.
It was reported that the No.1 soybean futures closed higher on Friday in daytime trading at the Dalian Commodity Exchange (DCE), with the contract for January 2026 delivery gaining 93 yuan to close at 4,215 yuan per tonne.
Meanwhile, Ng said CPO production concerns are also weighing down on market sentiment, while industry experts remain bullish with price forecasts for next year.
“We see support at RM4,100 a tonne and resistance at RM4,200 a tonne,” he told Bernama.
At the close, the spot-month November 2025 contract stood at RM3,935 per tonne, December 2025 gained RM13 to RM4,100 per tonne, and January 2026 inched up to RM3 to RM4,128 per tonne.
However, the February 2026 contract eased by RM8 to RM4,145 per tonne, March 2026 slid by RM13 to RM4,159 per tonne, and April 2026 reduced by RM14 to RM4,167 per tonne.
Total volume fell to 92,204 lots from 106,879 lots on Thursday, while open interest advanced to 269,476 contracts from 265,902 contracts previously.
The physical CPO price for November South stood at RM4,080 per tonne.
-- BERNAMA
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