FCPO
FCPO 3rd Month Futures - 12 Sep 2025
Fri, 12-Sep-2025 09:17 am
by Dealing Team • Apex Futures

FCPO
Pivot
4438
Resistance
4471 / 4496 / 4520 / 4547
Support
4448 / 4425 / 44004 / 4378
Possible Range
4440 to 4540
Strategy
Long positions may be opened above 4471 with targets at 4496/4520 stop-loss at 4451
Short positions may be opened below 4471 with targets at 4448/4425 stop-loss at 4491

FCPO Nov month rose 41 points or 0.93% to closed higher at 4454. Malaysian palm oil futures reversed losses on Thursday to rise on supply concern and strength in Chicago soyoil, but weak demand capped gains.

CBOT soyoil active traded contract rose 0.59 point to closed higher at 51.60 on previous session. Dalian’s active palm oil contract rose 74 points to closed higher at 9348 on previous night session.

The actively traded FCPO contract recovered in the previous session, with the daily chart still showing prices moving within a broad uptrend. On the hourly chart, prices continue to display an upward bias following the sharp sell-off on 9 September. We anticipate key resistance at the 4,465–4,470 range. A firm breakout and sustained hold above this level could extend buying momentum toward 4,496, with further upside potential toward 4,510–4,520, the recent highs. However, if the resistance fails to break, selling pressure may re-emerge. On the downside, immediate support is seen at 4,445–4,450, which is crucial to maintaining the current buying momentum. Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4448 and 4471, respectively. 

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.189564 4.225840
EUR 4.930937 4.944344
CNY 0.590125 0.591709
HKD 0.538841 0.543525
SGD 3.269557 3.298024