FCPO
FCPO 3rd Month Futures - 19 Sep 2025
Fri, 19-Sep-2025 09:44 am
by Dealing Team • Apex Futures

FCPO
Pivot
4450
Resistance
4460 / 4480 / 4500 / 4550
Support
4430 / 4420 / 4400 / 4375
Possible Range
4400 to 4500
Strategy
Long positions may be opened above 4460 with targets at 4500/4550stop-loss at 4415
Short positions may be opened below 4450 with targets at 4420/4400 stop-loss at 4470

FCPO Dec month down 41 points or 0.91% to closed at 4434. Malaysian palm oil futures continued on its second losing streak amid stronger ringgit and weak rival oils.

CBOT soyoil active traded contract dropped 0.64 point to closed lower at 51.17 on previous session. Dalian’s active palm oil contract rose 38 points to closed higher at 9342 on previous night session.

The actively traded FCPO contract continued to be weakened following previous day selling pressure. Nevertheless, momentums were slightly halted around 4400-4420 during the 3rd session of the day as these levels marked as the market’s immediate support. The market is still in its consolidation phase where a break below 4375 may trigger the bear, targeting at 4320 while trading above RM 4500 may shift sentiment towards slightly bullish, targeting 4600. Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4400 and 4460, respectively.

 

(News Source: The Star, 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