Malaysian palm oil futures traded mixed on Monday (Sept. 28, 2026), with most near-term contracts falling while deferred contracts gained. Indonesia’s KPBN CPO price rose IDR 75/kg to IDR 15,075/kg.
PALMOILMAGAZINE, JAKARTA — Malaysian crude palm oil (CPO) futures traded mixed on Monday (Sept. 28, 2026), with most near-term contracts weakening while contracts from January through March 2027 posted gains.
The market remained under pressure from concerns over rising palm oil inventories and weak demand. However, the decline was partly cushioned by stronger prices for competing vegetable oils and crude oil.
Also Read: Malaysia CPO Price Falls 2.07% to RM4,673, KPBN CPO Drops to IDR15,000/Kg
According to Bernama, the October 2026 CPO contract on Bursa Malaysia Derivatives fell RM9 to RM4,466 per metric ton. The November contract declined RM22 to RM4,556 per ton, while the December contract slipped RM8 to RM4,664 per ton.
Further along the curve, the January 2027 contract rose RM6 to RM4,774 per ton. The February 2027 contract gained RM15 to RM4,876 per ton, while the March 2027 contract increased RM27 to RM4,968 per ton.
Also Read: Malaysia CPO Price Thursday (Sept. 24) Edges Up to RM4,771/Ton as Dalian Oils Gain
CPO Trading Activity Declines
Trading activity in CPO futures also weakened. Total volume on Bursa Malaysia fell to 92,860 lots, down sharply from 146,998 lots recorded on Friday (Sept. 25, 2026).
Open interest declined to 338,007 contracts, from 342,948 contracts in the previous session.
In the physical market, the South region’s CPO price for October 2026 delivery fell RM30 to RM4,500 per ton.
Also Read: CPO KPBN Inacom Rises to IDR 15,075/kg on Monday (Sept. 28), Malaysian Palm Oil Futures Fall
KPBN CPO Price Rises IDR 75/kg
In Indonesia’s domestic market, the CPO price marketed through PT Kharisma Pemasaran Bersama Nusantara (KPBN) was set at IDR 15,075/kg on Monday.
The price was IDR 75/kg higher than the highest bid of IDR 15,000/kg recorded on Friday (Sept. 25).
The contrasting movements highlight a divergence between Malaysian futures and Indonesia’s domestic CPO market at the start of the week. While several Bursa Malaysia contracts remained under pressure, the KPBN CPO price edged higher from the previous session’s highest bid. (P3)
