By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Monday, pressured by concerns over weak export performance, said palm oil trader David Ng.
He said that the increasing CPO output also weighed on market sentiment.
“We see support at RM4,000 and resistance at RM4,180,” Ng told Bernama.
At the close, the December 2025 and January 2026 contracts declined by RM17 each to RM4,060 and RM4,091, respectively, while the February 2026 contract reduced by RM20 to RM4,094.
The March 2026 and April 2026 contracts slid by RM18 each to RM4,104 and RM4,107 per tonne, respectively, while the May 2026 contract decreased by RM15 to RM4,105.
Total volume rose to 51,780 lots from 47,327 last Thursday, while open interest fell to 280,164 contracts from 282,153 previously.
The physical CPO price for December South edged up by RM10 to RM4,110 per tonne.
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