# CPO Futures Close Higher On El Nino-Driven Output Concerns

> Crude palm oil futures on Bursa Malaysia Derivatives closed higher on Friday, with the November 2026 contract up RM12 to RM4,180 per tonne and forward months gaining between RM6 and RM33. Trading volume eased while open interest widened, and the physical November South price was unchanged at RM4,200 per tonne.

- Date: 2026-11-13 · published 2026-11-13T15:06:35.202Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/97939-cpo-futures-close-higher-on-el-nino-driven-output-concerns
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expectations of lower palm oil output next year from El Niño drought support forward prices, and traders are watching soybean oil and crude oil for direction. Firmer palm prices tend to support competing vegetable oils and meal-related margins.

## Read by commodity

- SBO: neutral
- PALMOIL: bullish ▲

## Sources

- bernama.com: https://www.bernama.com/en/market/news.php?id=2634024

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.