CPO futures expected to trade with downward bias next week
Interband Group of Companies senior palm oil trader Jim Teh said the palm oil stock in June is high, at about two million tonnes; hence, prices are expected to trade in a tight range between RM3,800 per tonne and RM3,900 per tonne next week.
"The physical demand for palm oil would come from China, India, Pakistan, the Middle East and European countries," he told Bernama.
Similarly, palm oil trader David Ng said the rising output and stock levels of CPO in Malaysia will be the market focus next week.
He said Russia's announcement on the suspension of export duty for sunflower oil, as reported, might have a short-term impact on CPO prices.
"We expect prices to trade between RM4,150 per tonne and RM4,300 per tonne next week," he said.
On a weekly basis, the August 2025 contract slid RM41 to RM4,221 per tonne, while the September 2025 contract shrank RM51 to RM4,258 per tonne, and the October 2025 contract shed RM42 to RM4,273 per tonne.
The November 2025 contract inched down RM22 to RM4,283 per tonne, December 2025 remained unchanged from last week at RM4,290 per tonne, and January 2026 gained RM15 to RM4,290 per tonne.
The weekly trading volume shrank to 385,858 lots from 555,657 lots last week, while open interest went down to 229,303 contracts from 237,735 contracts.
The physical CPO price for July South was RM60 lower at RM4,230 per tonne.
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'If the will exceeds the legal limit, or is made in favour of a faraid heir without the consent of others, it can be challenged. 'Any portion exceeding one-third will revert to faraid distribution, and any bequest to an heir without consent will be invalid, unless all other heirs agree to it. 'For Muslims, a will must be validated by the Syariah Court via a will confirmation order, whereas for non-Muslims, the probate process must be conducted in the Civil Court before assets can be distributed. 'Wills take time and may be contested if there are questions about their validity,' he adds. 'Documents must be complete' To ensure a hibah is strong and less likely to be challenged, Mahmud says both the giver and the recipient must make sure that its documentation is clear and complete. It should include details such as the identities of the giver and the recipient; a description of the asset to be given as gift; declarations of the offer and acceptance; signatures; and witnesses. He also says the hibah documents must be free of ambiguity and meet all requirements of Islamic law and existing regulations. 'It's always better for a hibah to be done in writing – rather than verbally – as written documents serve as strong proof of intention and mutual consent. 'Moreover, anyone planning to gift assets through hibah is encouraged to seek Syariah Court confirmation and prepare formal documentation. 'Confirmation from the Syariah Court (via a hibah confirmation order) certifies the validity of the hibah under Islamic law and makes it binding on other heirs. 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