FCPO
FCPO 3rd Month Futures - 25 Aug 2025
Mon, 25-Aug-2025 09:59 am
by Dealing Team • Apex Futures

FCPO
Pivot
4477
Resistance
4537 / 4563 / 4587 / 4614
Support
4513 / 4488 / 4461 / 4433
Possible Range
4510 to 4610
Strategy
Long positions may be opened above 4563 with targets at 4587/4614 stop-loss at 4543
Short positions may be opened below 4563 with targets at 4537/4513 stop-loss at 4583

FCPO Nov month rose 69 points or 1.55% to closed higher at 4529. Malaysian palm oil futures posted a third consecutive weekly gain on Friday, rebounding from a three-day decline. The recovery was supported by overnight strength in Chicago soyoil and Dalian edible oils, along with firm export demand and marginal output growth.

CBOT soyoil active traded contract surged 1.45 points to closed higher at 55.32 on previous session. Dalian’s active palm oil contract rose 24 points to close higher at 9570 on previous night session.

The actively traded FCPO contract continues to trade within an upward channel on the daily chart, with a crucial resistance zone at 4555–4560. This level could either trigger renewed selling pressure or signal a potential breakout to higher levels. On the shorter time frame, prices recently touched a high of 4614 before retreating sharply to 4450, creating a sideways range between 4550 (top) and 4445 (bottom). If prices can hold firmly above the 4510–4505 support zone, buying opportunities may emerge with a move back toward 4550. However, a failure to sustain this support could see prices retreat toward the lower boundary at 4445. Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4513 and 4537, respectively. 

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.216494 4.249912
EUR 4.923595 4.928588
CNY 0.592163 0.592763
HKD 0.540426 0.544215
SGD 3.273679 3.296901