PALMOILMAGAZINE, JAKARTA — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their winning streak to a fifth consecutive session on Friday, August 21, 2026, supported by gains in soybean oil futures on the Chicago Board of Trade (CBOT).
According to Bernama, CPO futures closed higher across all traded contracts. The September 2026 contract rose RM57 to RM4,791 per metric ton, while the October 2026 contract gained RM62 to RM4,934 per ton.
The November 2026 contract increased RM57 to RM5,018 per ton. Meanwhile, the December 2026 contract climbed RM52 to RM5,077 per ton.
Also Read: Malaysian Palm Oil Futures Hit 20-Month High as B50 Biodiesel Boosts CPO Demand
Further along the curve, the January 2027 contract advanced RM48 to RM5,118 per ton, while the February 2027 contract gained RM46 to RM5,141 per ton.
Trading volume declined to 121,114 lots from 124,014 lots in the previous session. At the same time, open interest increased to 342,115 contracts from 338,827 contracts previously.
The continued gains in Malaysian palm oil futures came as soybean oil futures on the CBOT strengthened, supporting sentiment across the vegetable oils complex.
Also Read: KPBN Inacom CPO Price Falls to IDR 15,888/kg on August 21, 2026, as Malaysia Futures Rally
Indonesia Market Moves Lower
In Indonesia, CPO prices in the PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom tender moved in the opposite direction on Friday.
CPO at Franco Dumai was offered at IDR 16,100 per kilogram, but the tender ended in withdrawal (WD). The highest bid reached IDR 15,888/kg.
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The highest bid was IDR 37/kg lower than the Franco Dumai CPO price recorded in the previous tender on Thursday, August 20, at IDR 15,925/kg.
The contrasting movements between the KPBN Inacom tender and Bursa Malaysia Derivatives highlight differing price dynamics in the regional palm oil market, with Malaysian futures continuing to benefit from strength in competing vegetable oils while Indonesian tender bids remained below the offered price. (P3)
