FCPO
FCPO 3rd Month Futures - 22 Sep 2025
Mon, 22-Sep-2025 09:46 am
by Dealing Team • Apex Futures

FCPO
Pivot
4435
Resistance
4439 / 4464 / 4487 / 4513
Support
4416 / 4391 / 4369 / 4347
Possible Range
4360 to 4470
Strategy
Long positions may be opened above 4416 with targets at 4439/4464 stop-loss at 4396
Short positions may be opened below 4416 with targets at 4391/4369 stop-loss at 4505

FCPO Dec month dropped 10 points or 0.23% to closed lower at 4425. Malaysian palm oil futures reversed earlier gains and fell on Friday, as the contract tracked losses in rival soyoil at the Chicago exchange and booked a second weekly decline.

CBOT soyoil active traded contract dropped 0.51 point to closed lower at 50.62 on previous session. Dalian’s active palm oil contract dropped 34 points to closed higher at 9306 on previous night session.

The active traded FCPO contract in daily chart continues to trade within a sideways range, with prices currently hovering below the mid-range level of 4445–4450, suggesting a downside bias. The lower boundary of the range is seen at 4375–4380, and a break below this level could push prices further down toward 4369. The sell-on-rebound strategy remains intact unless prices manage to rise and sustain above the 4445–4450 range, which could signal a shift in momentum. Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4416 and 4439, 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