FCPO
FCPO 3rd Month Futures - 9 Sep 2025
Tue, 09-Sep-2025 09:18 am
by Dealing Team • Apex Futures

FCPO
Pivot
4469
Resistance
4492 / 4515 / 4539 / 4565
Support
4469 / 4444 / 4423 / 4400
Possible Range
4420 to 4520
Strategy
Long positions may be opened above 4492 with targets at 4515/4539 stop-loss at 4472
Short positions may be opened below 4492 with targets at 4469/4444 stop-loss at 4512

FCPO Nov month rose 40 points or 0.90% to closed higher at 4488. Malaysian palm oil futures rebounded to close higher on Monday, supported by strength in edible oils on the Dalian and Chicago exchanges, alongside firmer crude oil prices.

CBOT soyoil active traded contract rose 0.24 point to closed higher at 51.47 on previous session. Dalian’s active palm oil contract rose 12 points to closed slightly higher at 9440 on previous night session.

The actively traded FCPO contract closed slightly higher in the previous session, with the daily chart still reflecting an upward trend. Price action was confined to a narrow range, touching a low of 4,426 before rebounding higher. The price broke above the resistance zone of 4,450–4,460, which now serves as a support range, signaling potential opportunities for a buy-on-retracement strategy. A breakout above the next resistance level at 4,495–4,500 could drive prices toward 4,515, while failure to surpass this range may result in continued sideways consolidation, with key support maintained at 4,450–4,460. Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4469 and 4444, 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