FCPO
FCPO 3rd Month Futures - 7 Nov 2025
Fri, 07-Nov-2025 09:34 am
by Dealing Team • Apex Futures

FCPO
Pivot
4128
Resistance
4152 / 4176 / 4197 / 4220
Support
4128 / 4101 / 4077 / 4053
Possible Range
4100 to 4220
Strategy
Long positions may be opened above 4128 with targets at 4152/4176 stop-loss at 4108
Short positions may be opened below 4128 with targets at 4101/4077 stop-loss at 4148

FCPO Jan month rose 41 points or 1% to closed at 4149Malaysian palm oil futures closed higher on Thursday after ending at a 17-week low in the previous session, supported by strength in Dalian's palm olein prices.

CBOT soyoil active traded contract dropped 0.34 points to close at 49.35 on previous session. Dalian’s active palm oil contract rose 20 points to closed at 8680 on previous night session.

The actively traded FCPO contract closed on a positive note in the previous session, supported by technical buying. However, the overall sentiment remains bearish, as the daily chart continues to trade below the immediate resistance zone of 4,150–4,160. We maintain our view that technical buying momentum may persist if the price successfully breaks above this resistance range, potentially extending toward 4,176. Conversely, if the resistance zone holds firm, renewed selling pressure could emerge, keeping prices confined within a narrow consolidation range between 4,150–4,160, with immediate support seen around the 4,120 level. Immediate support and resistant levels are identified at 4128 and 4152 respectively. Beware of any potential sentiment changes. 

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.166777 4.199913
EUR 4.811011 4.820428
CNY 0.586842 0.587429
HKD 0.535790 0.540066
SGD 3.190939 3.216443