FCPO
FCPO 3rd Month Futures - 19 Jun 2025
Thu, 19-Jun-2025 09:19 am
by Dealing Team • Apex Futures

FCPO
Pivot
4093
Resistance
4121 / 4143 / 4193
Support
4071 / 4043 / 3993
Possible Range
3993 to 4193
Strategy
Long positions may be opened above 4107 with targets at 4132/4158 stop-loss at 4087
Short positions may be opened below 4107 with targets at 4085/4061 stop-loss at 4127

Malaysian palm oil futures recovered on Wednesday after losses in the previous session, supported by gains in rival soyoil in Dalian and Chicago markets and higher crude prices.

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained RM31, or 0.76 per cent, to RM4,095 (US$964.89) a metric ton, as of 0232 GMT.

FUNDAMENTALS

Soyoil on the Chicago Board of Trade (CBOT) was up 0.44 per cent. Dalian's most active soyoil contract gained 0.95 per cent and its palm oil contract rose 0.54 per cent.

(News Source: NST Business Times)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.060398 4.090876
EUR 4.772014 4.774503
CNY 0.579057 0.579372
HKD 0.522130 0.525548
SGD 3.142987 3.163685