FCPO
FCPO 3rd Month Futures - 19 Nov 2025
Wed, 19-Nov-2025 09:26 am
by Dealing Team • Apex Futures

FCPO
Pivot
4190
Resistance
4250 / 4276 / 4299 / 4325
Support
4224 / 4205 / 4183 / 4159
Possible Range
4130 to 4230
Strategy
Long positions may be opened above 4224 with targets at 4250/4276 stop-loss at 4204
Short positions may be opened below 4224 with targets at 4205/4183 stop-loss at 4244

FCPO Feb month rose 58 points or 1.40% to closed at 4209. Malaysian palm oil futures rise for a fourth consecutive session on Tuesday, buoyed by a softer ringgit and stronger Dalian rival oils, though weaker crude oil prices capped the upward trend.

CBOT soyoil active traded contract surged 1.20 point to close at 52.34 on previous session. Dalian’s active palm oil contract rose 146 points to close at 8852 on previous night session.

The actively traded FCPO contract in the previous session broke above the key resistance zone of 4150–4160 and continued trending higher. The new crucial support is now seen at the 4200–4190 range. As long as the price stays above this area, the buying bias is expected to remain intact. In the short term, resistance is seen at the 4240–4250 zone. A successful breakout above this level may trigger stronger buying momentum toward 4276 and possibly 4300. However, if this resistance fails to break, selling pressure may emerge, though the downside is expected to be limited. Immediate support and resistant levels are identified at 4224 and 4250 respectively. Beware of any potential sentiment changes. 

(News Source: The Star, Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.146720 4.179672
EUR 4.822170 4.827051
CNY 0.584978 0.585561
HKD 0.532842 0.536581
SGD 3.184457 3.206868