FCPO
FCPO 3rd Month Futures - 20 Nov 2025
Thu, 20-Nov-2025 08:38 am
by Dealing Team • Apex Futures

FCPO
Pivot
4234
Resistance
4206 / 4230 / 4249 / 4272
Support
4183 / 4168 / 4151 / 4135
Possible Range
4150 to 4250
Strategy
Long positions may be opened above 4206 with targets at 4230/4249 stop-loss at 42186
Short positions may be opened below 4206 with targets at 4183/4168 stop-loss at 4226

FCPO Feb month rose 17 points or 0.40% to closed at 4226. Malaysian palm oil futures were little changed on Wednesday, supported by a stronger soyoil, although a firmer ringgit and concerns over demand curbed gains.

CBOT soyoil active traded contract dropped 0.73 point to close at 51.40 on previous session. Dalian’s active palm oil contract dropped 58 points to close at 8794 on previous night session.

The actively traded FCPO contract moved higher in the previous session after holding above the 4200–4190 support zone. However, the price pulled back after reaching an intraday high of 4272, forming a bearish candle on the daily chart. This suggests a potential continuation of downside bias. We may see the price extend its move into negative territory, with the crucial support now at 4150–4160. Holding above this area is important to maintain the recent strong buying momentum following the long consolidation phase. On the upside, a break above the 4200–4190 zone may revive buying momentum and open the path for further gains. Immediate support and resistant levels are identified at 4183 and 4206 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 4.095157 4.126734
EUR 4.808018 4.811741
CNY 0.582345 0.582796
HKD 0.526309 0.529879
SGD 3.164796 3.186440