PALMOILMAGAZINE, KUALA LUMPUR — Trading in crude palm oil (CPO) futures on the Bursa Malaysia Derivatives recorded its first weekly decline in five weeks, as prices came under pressure from falling values of competing vegetable oils in the global market, particularly from the United States and China.
According to Reuters, during Friday’s session (February 6, 2026), the benchmark April 2026 CPO contract on the Bursa Malaysia Derivatives Exchange settled RM53 per ton lower, or down 1.26%, at RM4,153 per ton. On a weekly basis, the contract posted a cumulative decline of around 1.8%.
The downturn in CPO prices occurred alongside a broader correction across international vegetable oil markets. In China, the most active soybean oil contract on the Dalian Commodity Exchange fell 0.44%, while palm oil futures on the same exchange declined more sharply by 1.02%.
Also Read: APROBI Says B40 Biodiesel to Bolster Indonesia’s Energy Security and Economy in 2026
Similar pressure was evident in the United States, where soybean oil prices on the Chicago Board of Trade (CBOT) slipped 0.55%, reinforcing the bearish tone across the global vegetable oil complex.
Market participants noted that CPO price movements remain heavily influenced by fluctuations in rival vegetable oil prices, as well as demand prospects from major consuming countries. In the near term, volatility in global markets is expected to remain a key factor shaping price direction on the Bursa Malaysia Derivatives. (P3)
