KUALA LUMPUR, Oct 9 (Bernama) — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their gains to close higher on Thursday, driven by expectations of weaker output in the coming weeks, coupled with stronger soybean oil prices, said palm oil trader David Ng.

“We see support at RM4,500 a tonne and resistance at RM4,680 a tonne,” he told Bernama.

At the close, the spot-month October 2025 and November 2025 contracts added RM38 each to RM4,506 and RM4,544 a tonne, respectively.

The December 2025 contract was RM46 higher to RM4,591 a tonne, January 2026 contracts gained RM50 to RM4,613 a tonne, the February 2026 contract increased RM51 to RM4,603 a tonne, and the March 2026 contract added RM53 to RM4,568 a tonne.

Total volume rose to 128,061 lots from 127,995 lots on Wednesday, while open interest increased to 278,044 contracts from 277,380 previously.

At the physical market, October South rose RM60 to RM4,530 a tonne.

Source: BERNAMA