FCPO
FCPO 3rd Month Futures - 2 Sep 2025
Tue, 02-Sep-2025 08:51 am
by Dealing Team • Apex Futures

FCPO
Pivot
4414
Resistance
4400 / 4450 / 4480 / 4500
Support
4350 / 4300 / 4270 / 4250
Possible Range
4350 to 4500
Strategy
Long positions may be opened above 4400 with targets at 4450/4500 stop-loss at 4360
Short positions may be opened below 4400 with targets at 4350/4300 stop-loss at 4420

FCPO Nov month slipped 72 points or 1.62% to closed near the intraday low at 4377. Malaysian palm oil futures extended losses to notch their lowest level in two weeks, tracking weaker soybean oil prices. 

CBOT soyoil active traded contract dropped 0.29 points to closed lower at 52.14 on last Friday. Dalian’s active palm oil contract rose 156 to closed higher at 9482 on previous night session.

The actively traded FCPO contract has garnered selling momentum breaking new session lows to 4377. On the daily chart, prices seem to have broken the 2 weeks consolidation period which adds on fear to the long liquidation alongside weak rival oils market. However, the dip was closed just a little above the immediate support around 4370 – 4350. If the market fails to break below these levels, a reverse to the upside may be strong targeting to the resistant levels around RM 4450 – RM 4500 instead. Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4370 and 4450, respectively. 

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.213466 4.244897
EUR 4.946298 4.953651
CNY 0.592866 0.593738
HKD 0.540491 0.544550
SGD 3.282193 3.306905