<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 3): Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, driven by profit-taking following a recent price rally.</p></div>

<div class=newsTextDataWrapInner><p>Palm oil trader David Ng said that the weakness in the soybean oil market during Asian trading hours also dampened sentiment.</p></div>

<div class=newsTextDataWrapInner><p>“We see support at RM3,900 per tonne and resistance at RM4,200 per tonne,” he told Bernama.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>At the close, the spot-month October 2024 contract fell RM38 to RM4,267 per tonne, while November 2024 and benchmark December 2024 declined RM14 each to RM4,232 and RM4,182 per tonne, respectively. January 2025 edged down RM7 to RM4,133.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, February 2025 rose RM1 to RM4,084 per tonne, with March 2025 marginally higher by RM8 to RM4,036 per tonne.</p></div>

<div class=newsTextDataWrapInner><p>Trading volume fell to 99,355 lots from 119,000 on Wednesday, while open interest decreased to 258,051 contracts from 262,414.</p></div>

<div class=newsTextDataWrapInner><p>The physical CPO price for October South slipped RM20 to RM4,300 per tonne.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Lam Seng Fatt</em></p></div>


Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, driven by profit-taking following a recent price rally.

Palm oil trader David Ng said that the weakness in the soybean oil market during Asian trading hours also dampened sentiment.

CPO futures close mostly lower on profit-taking after rally

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<p>Vizione Holdings Bhd (KL:VIZIONE) said its unit has served a notice to Inspirasi Langkawi Sdn Bhd to terminate its employment as main contractor for the development of a 14-storey hotel in Langkawi, claiming it had not been properly paid for its works so far.</p>


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<p>Here is a brief recap of some corporate announcements that made the news on Friday.</p>


<p>Global investment conglomerate Bin Zayed International Group of Companies (BZI) has committed to investing US$2 billion (RM8.93 billion) in Malaysia over the next five years.&nbsp;</p>

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