KUALA LUMPUR, Aug 21 (Bernama) — The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, tracking the weakness in soybean oil on the Chicago Board of Trade (CBOT), a trader said.

Palm oil trader David Ng said concerns over recent sharp rise in CPO prices, which could dampen future demand for the commodity, also weighed on market sentiment.

“We see support at RM4,400 and resistance at RM4,650 per tonne,” he told Bernama.

At the close, spot-month September 2025 contract dropped RM33 to RM4,391 per tonne, while the October 2025 and November 2025 contracts fell RM38 each to RM4,429 and RM4,460 per tonne, respectively.

The December 2025 contract dipped RM34 to RM4,477 per tonne, January 2026 decreased RM28 to RM4,481 per tonne, and February 2026 eased RM23 to RM4,462 per tonne.

Volume decreased to 59,539 lots from 69,550 lots on Wednesday, while open interest narrowed to 250,917 contracts from 251,695 contracts previously.

The physical CPO price for September South slipped RM30 to RM4,430 per tonne.

Source: BERNAMA