Bursa Malaysia’s benchmark November 2026 CPO contract rose RM35 per ton to RM4,887 after two sessions of losses, while traders assessed supply risks in Indonesia and production prospects in Malaysia.
PALMOILMAGAZINE, KUALA LUMPUR — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded on Thursday, August 27, 2026, after falling for two consecutive trading sessions.
The recovery was supported by bargain hunting at lower price levels and gains in competing vegetable oils traded in Dalian, China.
Also Read: CPO Prices Slide as Bursa Malaysia Falls 1.88%, KPBN Tender Withdraws
According to Reuters, the benchmark November 2026 CPO futures contract on Bursa Malaysia Derivatives Exchange rose RM35 per metric ton, or 0.72%, to RM4,887 per ton at the midday trading break. At the prevailing exchange rate, the price was equivalent to approximately US$1,214 per ton.
The rebound came after palm oil futures had declined by around 3.31% over the previous two trading sessions. Market participants have since shifted their attention toward several factors that could influence palm oil supply and production prospects next year.
One concern is the potential for production disruptions following the emergence of hotspots in parts of Kalimantan, Indonesia. At the same time, rainfall in Malaysia could provide some support for palm oil production conditions in the country.
Also Read: KPBN Inacom CPO Tender Still Withdrawn, Highest Bid Rises to IDR 15,708/Kg
KPBN CPO Bid Also Recovers
In Indonesia, the CPO tender at PT Kharisma Pemasaran Bersama Nusantara (KPBN) remained withdrawn (WD) on Thursday, August 27, with the highest bid recorded at IDR 15,708 per kg.
The highest bid increased IDR 108 per kg, or 0.69%, from IDR 15,600 per kg recorded on Wednesday, August 26.
Also Read: Indonesia Cuts August CPO Reference Price to USD 996.52/MT as Export Charges Adjust
Meanwhile, movements in competing vegetable oils provided additional support to the palm oil market. In Dalian, the most actively traded soybean oil contract gained 0.94%, while the palm oil contract advanced 0.35%.
In contrast, soybean oil prices on the Chicago Board of Trade (CBOT) declined 1.7%.
Also Read: Indonesia Sets August Biodiesel Market Index Price at IDR14,924 per Liter
The divergent movements among major vegetable oils continue to influence palm oil futures, as traders assess relative prices, supply prospects and demand across the global edible oils market. (P3)
