FCPO
FCPO 3rd Month Futures - 23 Jan 2026
Fri, 23-Jan-2026 10:26 am
by Dealing Team • Apex Futures

FCPO
Pivot
4181
Resistance
4200 / 4250 / 4270 / 4300
Support
4170 / 4150 / 4130 / 4100
Possible Range
4150 to 4260
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 44 points or 1.04% to close at 4200. Malaysian palm oil futures continues to pin at day high for 5th consecutive days reacting over strong technical play and supportive rival oils.

CBOT soyoil active market dropped 0.3 points to closed at 53.73. Dalian’s active palm oil contract rose 112 points to close at 8944 on previous session.

The active FCPO contract has traded almost flat at the high. Buying momentum has slowed upon reaching 4200 to resist. Despite a slight cooling off period, market may still be expected to staggered upwards with less selling to be seen in near term with strong support is seen 4170 - 4150 levels. If buying momentum resurface around the said support levels, 4200 may potentially break with next target at 4260 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 4.023232 4.055460
EUR 4.719850 4.724822
CNY 0.579577 0.580194
HKD 0.516059 0.519704
SGD 3.134055 3.156409