# Outlook On CPO Price Remains Bearish, Fails To Break RM4,500

> RHB Research kept its bearish view on crude palm oil futures and advised traders to hold short positions. FCPO recovered RM30 on Thursday to close at RM4,440 after an intraday range of RM4,389 to RM4,482. The research house flagged an upper shadow on the candlestick as a sign of selling pressure at higher levels.

- Date: 2026-11-13 · published 2026-11-13T03:06:34.482Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/97004-outlook-on-cpo-price-remains-bearish-fails-to-break-rm4-500
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Technical resistance around RM4,420 to RM4,500 suggests the recent rebound may fail, which points to continued downside pressure on palm oil prices for buyers.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- businesstoday.com.my: https://www.businesstoday.com.my/2026/11/13/outlook-on-cpo-price-remains-bearish-fails-to-break-rm4500/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.