FCPO
FCPO 3rd Month Futures - 26 Nov 2025
Wed, 26-Nov-2025 08:45 am
by Dealing Team • Apex Futures

FCPO
Pivot
4022
Resistance
3990 / 4010 / 4025 / 4080
Support
3970 / 3950 / 3900 / 3888
Possible Range
3970 to 4080
Strategy
Long positions may be opened above 4000 with targets at 4030/4080 stop-loss at 3985
Short positions may be opened below 4000 with targets at 3970/3950 stop-loss at 4030

FCPO Feb month dropped 65 points or 1.6% to closed at 3990. Malaysian palm oil futures further slipped in the previous session, continuing a fourth day selling as demand is particularly weak along with weaker rival soyoil weighed on the market.

CBOT soyoil active traded contract dropped 0.17 point to close at 50.64 on previous session. Dalian’s active palm oil contract dropped 26 points to close at 8336 on previous night session.

The actively traded FCPO contract continues to show downside bias with breaking below the 4000 psychological level. On the daily chart, there isn’t any indication to reverse to the upside yet, but the market has reached to one of its crucial supports around 3970. A further downward movement should be limited to 3900 level only. A potential reversal to the upside could emerge if the market immediately holds above 4030. Immediate support and resistant levels are identified at 3970 and 4030 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