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Malaysian Palm Oil Futures Slip on August 6 as Weaker Crude Oil and Soybean Prices Weigh on Market
['August', 'Wib']
Palmoilmagazine.com
Most benchmark CPO contracts on Bursa Malaysia ended lower as traders monitored improving supply prospects and softer competing vegetable oil prices.
PALMOILMAGAZINE, KUALA LUMPUR — Malaysian crude palm oil (CPO) futures closed mostly lower on Thursday, August 6, 2026, pressured by declining crude oil and soybean oil prices as traders continued to assess expectations of higher palm oil production and inventories in the coming weeks.
Also Read: Malaysia Palm Oil Futures Strengthen on India Demand OutlookAt the close, the September 2026 contract fell RM21 to RM4,625 per tonne, while the October 2026 contract declined RM16 to RM4,686 per tonne.
The December 2026 contract slipped RM8 to RM4,775 per tonne, while the January 2027 contract edged RM2 lower to RM4,815 per tonne.
The softer performance in Malaysia was also reflected in Indonesia’s physical CPO market.