FCPO
FCPO 3rd Month Futures - 27 Aug 2025
Wed, 27-Aug-2025 09:39 am
by Dealing Team • Apex Futures

FCPO
Pivot
4481
Resistance
4468 / 4491 / 4514 / 4539
Support
4447 / 4422 / 4396 / 4371
Possible Range
4390 to 4490
Strategy
Long positions may be opened above 4447 with targets at 4468/4491 stop-loss at 4427
Short positions may be opened below 4447 with targets at 4422/4396 stop-loss at 4467

FCPO Nov month dropped 22 points or 0.49% to closed lower at 4470. Malaysian palm oil futures fell for a second straight session on Tuesday, weighed down by profit-taking in Dalian palm olein.

CBOT soyoil active traded contract dipped 1.39 points to closed lower at 53.48 on previous session. Dalian’s active palm oil contract dropped 56 points to close lower at 9488 on previous night session.

The actively traded FCPO contract remains within an upward channel on the daily chart, though price action is leaning toward a downside bias amid a corrective move. The previous support at 4475–4485 has been broken and now acts as a resistance zone. On the hourly chart, we maintain the view that the contract is consolidating within a sideways range between 4550 (top) and 4445 (bottom), with a sell-on-rebound strategy favored. A break below the 4445 supports could potentially drive prices lower toward 4422 and, in a more extended move, down to the 4400 level. If the support at 4445 holds, prices are likely to stay range-bound, with the upside capped around 4475–4485. Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4481 and 4468, respectively. 

(News Source: Reuters)

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Market Mover
Settlement Rates
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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