PALMOILMAGAZINE, JAKARTA – Crude palm oil (CPO) futures on the Bursa Malaysia Derivatives Exchange closed higher on Tuesday (27/5/2026), supported by surging global crude oil prices and market concerns over a potential slowdown in Malaysian palm oil production.
According to Bernama, bullish sentiment emerged early in the trading session as global energy prices climbed sharply, boosting confidence across the vegetable oils market, including palm oil.
At the close of trade, the June 2026 CPO contract rose RM19 to RM4,429 per ton. The July 2026 contract gained RM20 to RM4,466 per ton, while the August 2026 contract increased RM23 to RM4,496 per ton.
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Stronger gains were recorded in later contracts, with September 2026 advancing RM29 to RM4,522 per ton. October 2026 climbed RM36 to RM4,553 per ton, while the November 2026 contract posted the largest increase, rising RM37 to RM4,581 per ton.
Trading activity also strengthened during the session. Total trading volume increased to 63,916 lots compared to 57,304 lots in the previous trading day. Open interest edged higher to 284,109 contracts from 282,395 contracts previously.
In Indonesia’s domestic market, CPO offers at PT Kharisma Pemasaran Bersama Nusantara (KPBN) on Tuesday (26/5/2026) were again withdrawn (WD), with the highest bid recorded at Rp12,400/kg.
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The figure marked an increase of Rp67/kg, or approximately 0.54%, compared to the previous session on Monday (25/5/2026), when the highest offer stood at Rp12,333/kg.
The latest CPO price rally reflects ongoing market attention toward Malaysian palm oil supply conditions, amid uncertainty surrounding production levels and broader geopolitical tensions influencing global crude oil and vegetable oil markets. (P3)
