LATEST NEWS   TH’s financial problems could have been contained earlier if BNM warnings since 2014 had been properly addressed - Zulkifli | The government will not interfere or protect anyone; prosecution decisions rest entirely with the public prosecutor - MOF | The government stressed that TH’s losses resulting from financial and investment mismanagement before 2018 did not disappear - MOF | The government emphasises that TH depositors' savings are safe - MoF | Proposal to set up multi-agency task force to probe potentially loss-making TH investments being studied - Zulkifli | 
MARKET • 11/08/2026 09:28 PM

CPO Futures Rally Above RM4,750 A Tonne On Stronger Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, rallying above RM4,750 per tonne on stronger crude oil prices amid escalating conflict in West Asia.

Iceberg X Sdn Bhd proprietary trader David Ng told Bernama that the recent robust CPO export demand also provided further support for market sentiment in the near term.

Ad Banner

Meanwhile, Mumbai-based Sunvin Group head of commodity research Anilkumar Bagani said CPO futures traded higher today on bargain buying driven by the widening discount against gas oil.

He noted that gains in the Dalian Commodity Exchange’s refined, bleached, and deodorised palm olein futures also supported CPO prices.

Additionally, the rebound in Malaysian palm oil export performance for the Aug 1-10 period help boost prices.

Ad Banner
Ad Banner
Ad Banner
Ad Banner

“Intertek Testing Services estimates Malaysian palm oil exports for Aug 1-10, 2026 period at 445,466 tonnes, up 2.62 per cent, while AmSpec estimates exports at 432,742 tonnes, up 9.21 per cent, from their respective July 1-10 export estimates,” he said.

At the close, the August 2026 and September 2026 contracts increased by RM17 to RM4,562 and RM4,648 per tonne, and October 2026 gained RM25 to RM4,748 per tonne.

The November 2026 contract advanced RM30 to RM4,820 per tonne, December 2026 climbed RM32 to RM4,868 per tonne, and January 2027 added RM34 to RM4,906 per tonne.

Trading volume rose to 127,603 lots from 97,133 lots yesterday, while open interest rose to 320,164 contracts from 313,462 contracts previously.

 The physical CPO price for August South remained unchanged at RM4,560 per tonne. 

-- BERNAMA

 

 


 

More News

Categories

Tags