FCPO
FCPO 3rd Month Futures - 3 Dec 2025
Wed, 03-Dec-2025 10:06 am
by Dealing Team • Apex Futures

FCPO
Pivot
4128
Resistance
4180 / 4205 / 4230 / 4250
Support
4156 / 4133 / 4108 / 4088
Possible Range
4130 to 4230
Strategy
Long positions may be opened above 4180 with targets at 4205/4230 stop-loss at 4160
Short positions may be opened below 4180 with targets at 4156/4133 stop-loss at 4200

FCPO Feb month rose 11 points or 0.26% to closed at 4170. Malaysian palm oil futures rose on Tuesday, tracking rival edible oils in Chicago and Dalian markets higher, while a weaker ringgit added support.

CBOT soyoil active traded contract rose 0.32 point to close at 52.68 on previous session. Dalian’s active palm oil contract up 62 points to close at 8710 on previous night session.

The active traded FCPO contract found strong support above the 4100–4090 zone and moved higher in the previous session. However, the daily chart still shows prices trading below both the 50-day and 200-day moving averages, indicating that the recent upside movement is likely driven by technical buying rather than a trend reversal.

In the shorter time frame, technical buying may continue, and buy-on-retracement remains the short-term plan. Immediate resistance is seen at 4180–4185. A breakout above this level may push prices toward 4200 or even 4230. If the 4180–4185 resistance zone fails to break, we may see sideways consolidation with limited downside. The new crucial support is spotted at 4130–4125. Immediate support and resistant levels are identified at 4156 and 4180 respectively. Beware of any potential sentiment changes. 

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.114699 4.148609
EUR 4.790453 4.802307
CNY 0.584257 0.584995
HKD 0.528376 0.532729
SGD 3.171551 3.197776