Palm Oil Price Outlook For Last Week Of September 2025

Kuala Lumpur - A dealer said crude palm oil futures on Bursa Malaysia Derivatives are expected to trade with an upward bias next week, supported by strong recent export performance.

Palm oil trader David Ng said positive sentiment would continue to underpin the market's upward momentum and keep buying interest among traders intact. He told Bernama: "We expect crude palm oil prices to trade between 4,330 ringgit and 4,450 ringgit per tonne next week."

Meanwhile, Jim Teh, senior palm oil trader at Interband Group of Companies, said crude palm oil futures are likely to trade between 4,000 and 4,200 ringgit per tonne. He added: "Overall, crude palm oil futures have performed excellently compared with crude oil prices, which have recently been on a decline." He continued: "Physical demand for palm oil will come from China, India, Pakistan, the Middle East, Europe and the United States."

Bursa Malaysia Derivatives was closed for two days this week, on 15 and 16 September 2025 (Monday and Tuesday), in observance of Malaysia Day, and resumed trading on Wednesday, 17 September 2025.

Weekly Contract Performance

On a weekly basis, futures contracts recorded the following changes:

• October 2025 contract: fell by 43 ringgit to 4,365 ringgit per tonne.
• November 2025 contract: declined by 49 ringgit to 4,396 ringgit per tonne.
• December 2025 contract: dropped by 45 ringgit to 4,425 ringgit per tonne.
• January 2026 contract: fell by 40 ringgit to 4,442 ringgit per tonne.
• February 2026 contract: declined by 37 ringgit to 4,434 ringgit per tonne.
• September 2025 and March 2026 contracts: held steady at 4,383 ringgit and 4,404 ringgit per tonne, respectively.

Weekly trading volume shrank to 264,468 contracts from 527,663 contracts the previous week, while open positions fell to 260,581 contracts from 263,070 contracts previously.

The physical price of crude palm oil for September, south delivery, lost 20 ringgit to reach 4,400 ringgit per tonne.

Source: Bernama