FCPO
FCPO 3rd Month Futures - 29 Jan 2026
Thu, 29-Jan-2026 09:39 am
by Dealing Team • Apex Futures

FCPO
Pivot
4264
Resistance
4297 / 4230 / 4344 / 4365
Support
4276 / 4252 / 4227 / 4204
Possible Range
4250 to 4350
Strategy
Long positions may be opened above 4276 with targets at 4297/4320 stop-loss at 4256
Short positions may be opened below 4276 with targets at 4252/4227 stop-loss at 4296

FCPO Apr month rose 12 points or 0.28% to closed at 4272. Malaysian palm oil futures closed higher for a third straight session on Wednesday, supported by firm Chicago soyoil and Dalian palm olein and soyoil futures, although a stronger ringgit capped further gains.

CBOT soyoil active traded contract dropped 0.07 points to close at 54.33 on previous session. Dalian active traded palm olein contract rose 74 points to close at 9344 on previous night session.

The active FCPO contract closed slightly higher in the previous session and continues to trade within an uptrend. Despite a mild pullback, overall sentiment remains positive. A break above the crucial resistance at 4,275–4,280 could open the path toward 4,320 and potentially 4,344. On the downside, immediate support is seen at 4,265–4,260. Immediate support and resistant levels are identified at 44276 and 4297 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