FCPO
FCPO 3rd Month Futures - 11 Aug 2025
Mon, 11-Aug-2025 09:41 am
by Dealing Team • Apex Futures

FCPO
Pivot
4264
Resistance
4279 / 4303 / 4326 / 4352
Support
4253 / 4228 / 4205 / 4183
Possible Range
4200 to 4300
Strategy
Long positions may be opened above 4253 with targets at 4279/4303 stop-loss at 4233
Short positions may be opened below 4253 with targets at 4225/4205 stop-loss at 4273

FCPO Oct month rose 15 points or 0.35% to closed higher at 4240. Malaysian palm oil futures climbed on Friday, ending a two-week decline, driven by expectations of stronger demand from major markets in August.

CBOT soyoil active traded contract dropped 0.89 points to closed lower at 52.53 on previous session. Dalian’s active palm oil contract dropped 32 points to close lower at 8980 on previous night session.

The actively traded FCPO contract continues to face resistance below 4,300. On the daily chart, the pattern remains in a narrow range following the strong buying momentum on 5 August. We identify a new crucial support zone at 4,210–4,215, which could sustain the upside bias. Holding above this range may present buying opportunities, with resistance still observed at 4,300–4,305. However, a break below 4,210–4,215 could push prices lower towards the 4,200 or 4,183 levels. Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4253 and 4279, respectively.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.212042 4.248408
EUR 4.921000 4.929487
CNY 0.591903 0.592919
HKD 0.540309 0.544492
SGD 3.268153 3.293573