FCPO
FCPO 3rd Month Futures - 22 Jan 2026
Thu, 22-Jan-2026 09:09 am
by Dealing Team • Apex Futures

FCPO
Pivot
4178
Resistance
4200 / 4250 / 4270 / 4300
Support
4170 / 4150 / 4130 / 4100
Possible Range
4200 to 4300
Strategy
Long positions may be opened above 4170 with targets at 4200/4250 stop-loss at 4030
Short positions may be opened below 4150 with targets at 4130/4100 stop-loss at 4180

FCPO Apr month rose 46 points or 1.1% to close at 4200. Malaysian palm oil futures continue to pin at day high to remain supportive over strong technical play and supportive rival oils.

CBOT soyoil active market surged 1.54 points to closed at 54.06. Dalian’s active palm oil contract rose 86 points to close at 8918 on previous night session.

The active FCPO contract continued its supportive to bullish sentiment, breaking new intraday high over and over. Reaching to new highs, 4200 still marks as one of the crucial resistant, and 4250 will be the next.  Since the buying momentum is heated, market may be expected to staggered upwards with less selling to be seen in near term. Strong support is seen around 4150 levels. Immediate support and resistant levels are identified at 4150 and 4200 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 3.910377 3.941921
EUR 4.603841 4.608755
CNY 0.570110 0.570719
HKD 0.500128 0.503660
SGD 3.077302 3.099068