FCPO
FCPO 3rd Month Futures - 24 Nov 2025
Mon, 24-Nov-2025 08:37 am
by Dealing Team • Apex Futures

FCPO
Pivot
4110
Resistance
4080 / 4100 / 4120 / 4150
Support
4060 / 4030 / 4000 / 3950
Possible Range
4000 to 4150
Strategy
Long positions may be opened above 4100 with targets at 4130/4150 stop-loss at 4080
Short positions may be opened below 4100 with targets at 4060/4000 stop-loss at 4120

FCPO Feb month dropped 71 points or 2.05% to closed at 4068. Malaysian palm oil futures dipped on Friday, continuing a second day selling as weaker rival soyoil weighed on the market.

CBOT soyoil active traded contract dropped 0.39 point to close at 50.66 on previous session. Dalian’s active palm oil contract dropped 98 points to close at 8452 on previous night session.

The actively traded FCPO contract continues to show downside bias after breaking the crucial support 4100. On the daily chart, a prominent breakdown is shown, indicative that the market should be remaining weak in the next coming days. A potential reversal to the upside could emerge if the market immediately holds above 4110, creating a false breakdown action. Nevertheless, chances to rebound sharply remain slim as the sentiment hasn’t changed. Immediate support and resistant levels are identified at 4160 and 4100 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