FCPO
FCPO 3rd Month Futures - 25 Nov 2025
Tue, 25-Nov-2025 09:03 am
by Dealing Team • Apex Futures

FCPO
Pivot
4068
Resistance
4060 / 4080 / 4100 / 4120
Support
4040 / 4020 / 4000 / 3950
Possible Range
4000 to 4150
Strategy
Long positions may be opened above 4020 with targets at 4160/4180 stop-loss at 3990
Short positions may be opened below 4080 with targets at 4050/4020 stop-loss at 4110

FCPO Feb month dropped 13 points or 0.32% to closed at 4055. Malaysian palm oil futures slipped in the previous sesison, continuing a third day selling as weaker rival soyoil weighed on the market.

CBOT soyoil active traded contract dropped 0.11 point to close at 50.50 on previous session. Dalian’s active palm oil contract dropped 32 points to close at 8454 on previous night session.

The actively traded FCPO contract continues to show downside bias with 4100 being a strong resistant. 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. Chances to rebound has improved as long liquidation was seemed pacing slower, while 4020 – 4000 is expected to be a strong support level. Immediate support and resistant levels are identified at 4020 and 4060 respectively. Beware of any potential sentiment changes. 

(News Source: The Star, Reuters)

Read more details in:

Disclaimer

The report is for internal and private circulation only and shall not be reproduced either in part or otherwise without the prior written consent of Apex Securities Berhad. The opinions and information contained herein are based on available data believed to be reliable. It is not to be construed as an offer, invitation or solicitation to buy or sell the securities covered by this report.

Opinions, estimates and projections in this report constitute the current judgment of the author. They do not necessarily reflect the opinion of Apex Securities Berhad and are subject to change without notice. Apex Securities Berhad has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Apex Securities Berhad does not warrant the accuracy of anything stated herein in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against Apex Securities Berhad. Apex Securities Berhad may from time to time have an interest in the company mentioned by this report. This report may not be reproduced, copied or circulated without the prior written approval of Apex Securities Berhad.

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