FCPO
FCPO 3rd Month Futures - 11 Sep 2025
Thu, 11-Sep-2025 09:31 am
by Dealing Team • Apex Futures

FCPO
Pivot
4424
Resistance
4424 / 4446 / 4467 / 4490
Support
4402 / 4378 / 4355 / 4329
Possible Range
4350 to 4450
Strategy
Long positions may be opened above 4424 with targets at 4446/4467 stop-loss at 4404
Short positions may be opened below 4424 with targets at 4402/4378 stop-loss at 4444

FCPO Nov month dropped 66 points or 1.47% to closed lower at 4413. Malaysian palm oil futures dropped for a second session on Wednesday, weighed down by weakness in Chicago and Dalian vegetable oils, while weak export demand added pressure.

CBOT soyoil active traded contract rose 0.53 point to closed higher at 51.01 on previous session. Dalian’s active palm oil contract dropped 38 points to closed lower at 9302 on previous night session.

The actively traded FCPO contract came under strong selling pressure in the previous session, dropping to a low of 4381 before rebounding above the 4400 range. Currently, the 4400–4410 zone serves as a crucial uptrend support line on the daily chart. On the hourly chart, prices are holding above the 4380–4375 range, keeping technical buying momentum intact. A rebound could extend toward the 4440–4445 resistance zone, with a breakout potentially driving prices higher toward 4467. However, failure to break this resistance may trigger renewed selling pressure back toward 4380–4375. Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4402 and 4424, 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