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Bursa Malaysia crude palm oil futures (FCPO) fell RM98 to close at RM4,551 per tonne after heavy selling broke the RM4,600 support level. The contract traded between RM4,543 and RM4,656 during the session.
RHB Research sees a possible test of RM4,500, while BIMB Research forecasts prices could reach RM5,000 per tonne in the first half of 2027.
Prices trading below the 50-day moving average with RSI under 50 signal weakening momentum, which pressures palm oil values for feed and oil buyers in the near term. Analyst forecasts diverge, so the direction beyond the technical break is uncertain.
utusan.com.mySABRINA ZULKIFLINov 4, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
