FCPO
FCPO 3rd Month Futures - 21 Nov 2025
Fri, 21-Nov-2025 09:29 am
by Dealing Team • Apex Futures

FCPO
Pivot
4171
Resistance
4158 / 4181 / 4206 / 4233
Support
4137 / 4116 / 4093 / 4070
Possible Range
4100 to 4200
Strategy
Long positions may be opened above 4137 with targets at 4158/4181 stop-loss at 4117
Short positions may be opened below 4137 with targets at 4116/4093 stop-loss at 4157

FCPO Feb month dropped 71 points or 1.68% to closed at 4155. Malaysian palm oil futures slipped on Thursday, snapping five consecutive sessions of gains, as weaker rival soyoil weighed on the market.

CBOT soyoil active traded contract dropped 0.37 point to close at 50.05 on previous session. Dalian’s active palm oil contract rose 12 points to close at 8652 on previous night session.

The actively traded FCPO contract continues to show downside bias after breaking the crucial support zone at 4150–4160, which now again acts as the resistance area for any potential rebound. In the latest movement, the price is finding temporary support at 4137–4133 — the correction points of the strong rally that began on 14 November. Holding above this support zone may provide a short-term buying opportunity, but with limited upside toward the 4150–4160 resistance range.  If the price fails to hold above 4137–4133, renewed selling pressure may emerge, potentially pushing the market lower toward 4100–4090. Immediate support and resistant levels are identified at 4137 and 4158 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 4.144070 4.176994
EUR 4.790696 4.800157
CNY 0.584163 0.584752
HKD 0.532153 0.536404
SGD 3.170633 3.196101