FCPO
FCPO 3rd Month Futures - 4 Dec 2025
Thu, 04-Dec-2025 08:39 am
by Dealing Team • Apex Futures

FCPO
Pivot
4163
Resistance
4147 / 4169 / 4193 / 4125
Support
4123 / 4102 / 4080 / 4060
Possible Range
4080 to 4180
Strategy
Long positions may be opened above 4123 with targets at 4147/4169 stop-loss at 4103
Short positions may be opened below 4123 with targets at 4102/4080 stop-loss at 4143

FCPO Feb month dropped 6 points or 0.14% to close at 4153. Malaysian palm oil futures declined slightly on Wednesday, tracking their Dalian counterparts that pared some of their earlier gains.

CBOT soyoil active traded contract dropped 1.01 point to close at 51.67 on previous session. Dalian’s active palm oil contract dropped 20 points to close at 8716 on previous night session.

The actively traded FCPO contract formed a bearish candle after testing the resistance at 4180–4190, indicating rejection of further upside. On the daily chart, prices continue to trade below the 50-day and 200-day moving averages, suggesting the broader trend remains weak.

In the short term, we may see downward-bias movement, especially if the price breaks below the support at 4120–4125, which could lead to further downside toward 4100, and potentially 4080. However, if the price holds above 4120–4125, a technical rebound may emerge, offering a buying opportunity. Upside remains limited, with resistance at 4165–4170. Only a breakout above the previous high would signal the possibility of stronger upward momentumImmediate support and resistant levels are identified at 4123 and 4147 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 4.105718 4.139582
EUR 4.795482 4.806286
CNY 0.583656 0.584395
HKD 0.527377 0.531733
SGD 3.169746 3.195951