FCPO
FCPO 3rd Month Futures - 8 Sep 2025
Mon, 08-Sep-2025 09:08 am
by Dealing Team • Apex Futures

FCPO
Pivot
4447
Resistance
4468 / 4490 / 4515 / 4539
Support
4447 / 4427 / 4407 / 4386
Possible Range
4370 to 4470
Strategy
Long positions may be opened above 4447 with targets at 4468/4488 stop-loss at 4427
Short positions may be opened below 4447 with targets at 4427/4407 stop-loss at 4467

FCPO Nov month rose 6 points or 0.14% to closed moderately higher at 4448. Malaysian palm oil futures traded within a narrow range on Thursday but still recorded a weekly gain, as traders looked ahead to next week’s Malaysian Palm Oil Board supply and demand data for fresh direction.

CBOT soyoil active traded contract dropped 0.70 points to closed lower at 51.23 on previous session. Dalian’s active palm oil contract dropped 16 to closed lower at 9440 on previous night session.

FCPO traded within a narrow range last week. On the daily chart, prices remain in an upward trending pattern, though the latest movement shows a short-term technical correction. The key support for sustaining the uptrend is spotted at 4,360–4,350. On the hourly timeframe, further technical correction appears likely, with a ‘sell on rebound’ strategy favored. For the upside, resistance is seen at 4,450–4,460; a breakout above this zone could shift the bias back to the buy side. Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4447 and 4468, respectively. 

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.071594 4.103148
EUR 4.788661 4.792351
CNY 0.580700 0.581157
HKD 0.523467 0.527018
SGD 3.153405 3.174965