Palm Oil Price Outlook For Last Week Of October 2025

Jim Teh, senior palm oil trader at Interband Group of Companies, said crude palm oil futures on Bursa Malaysia Derivatives are expected to trade sideways with a slight downward bias next week amid profit-taking activity.

Teh explained that prices are likely to move between 4,300 and 4,550 ringgit per tonne.

Teh told Bernama: "As for physical demand, as usual, it will come from China, India, Pakistan, Middle Eastern countries and some buyers from the European Union."

Weekly Contract Performance

On a weekly basis, futures contracts declined:

• November 2025 contract (new front month): fell by 57 ringgit to settle at 4,382 ringgit per tonne.
• December 2025 contract: dropped by 73 ringgit to 4,403 ringgit per tonne.
• January 2026 contract: declined by 91 ringgit to 4,422 ringgit per tonne.
• February 2026 contract: fell by 92 ringgit to 4,435 ringgit per tonne.
• March 2026 contract: dropped by 86 ringgit to 4,432 ringgit per tonne.
• April 2026 contract: narrowed by 76 ringgit to 4,420 ringgit per tonne.

Trading Volumes

Weekly trading volume fell to 361,379 lots from 510,118 lots the previous week, while open interest dropped to 256,714 lots from 289,323 previously.

The price of physical crude palm oil for November South delivery remained unchanged at 4,440 ringgit per tonne.

Source: Bernama