PALMOILMAGAZINE, JAKARTA – Malaysian crude palm oil (CPO) futures extended their rally for a third consecutive trading session on Friday (March 13, 2026), supported by stronger global crude oil prices that boosted sentiment across the vegetable oil market.
According to Bernama, the upward movement was also influenced by market concerns over the potential impact of El Niño, which could affect palm oil production in the medium term.
At the close of trading on Bursa Malaysia Derivatives, the March 2026 CPO contract jumped MYR 100 to MYR 4,525 per ton. The April 2026 contract gained MYR 28 to MYR 4,539 per ton, while the May 2026 contract rose MYR 31 to MYR 4,572 per ton.
Further gains were seen in the June 2026 contract, which increased MYR 36 to MYR 4,572 per ton. The July 2026 contract climbed MYR 40 to MYR 4,554 per ton, and the August 2026 contract advanced MYR 43 to MYR 4,523 per ton.
Despite the price gains, trading activity showed a slight decline. Total trading volume fell to 133,307 lots, compared with 137,656 lots in the previous session. Meanwhile, open interest also eased to 225,355 contracts, down from 229,441 contracts previously.
In the physical market, the spot price for March delivery in South Malaysia remained unchanged at MYR 4,500 per ton.
Meanwhile in Indonesia, crude palm oil offered through PT Kharisma Pemasaran Bersama Nusantara (KPBN) recorded a withdraw (WD) during trading on Friday (March 13, 2026). The highest bid reached IDR 15,500/kg, indicating a decline of IDR 155/kg or about 0.99% compared with Thursday’s price of IDR 15,655/kg (March 12, 2026). (P2)
