FCPO
FCPO 3rd Month Futures - 10 Sep 2025
Wed, 10-Sep-2025 09:16 am
by Dealing Team • Apex Futures

FCPO
Pivot
4485
Resistance
4456 / 4477 / 4503 / 4527
Support
4434 / 4410 / 4386 / 4365
Possible Range
4400 to 4500
Strategy
Long positions may be opened above 4456 with targets at 4477/4503 stop-loss at 4436
Short positions may be opened below 4456 with targets at 4434/4410 stop-loss at 4476

FCPO Nov month dropped 9 points or 0.20% to closed slightly lower at 4479. Malaysian palm oil futures closed lower on Tuesday, pressured by a stronger ringgit, as traders awaited inventory and demand cues from Malaysian Palm Oil Board (MPOB) data due the following day.

CBOT soyoil active traded contract dropped 0.99 point to closed lower at 50.48 on previous session. Dalian’s active palm oil contract dropped 92 points to closed lower at 9378 on previous night session.

The actively traded FCPO contract continues to reflect an upward trend on the daily chart, with key support seen at the 4410–4400 range to sustain the uptrend channel. On the hourly chart, price action remains in a consolidation range with a downside bias, suggesting that the technical correction may continue. A sell-on-rebound approach appears more suitable in the short term, with immediate resistance at 4450–4460 as a potential selling zone. On the upside, a crucial resistance stands at 4510; a break above this level could shift momentum back toward buying.  Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4434 and 4456, 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