FCPO
FCPO 3rd Month Futures - 26 Sep 2025
Fri, 26-Sep-2025 09:40 am
by Dealing Team • Apex Futures

FCPO
Pivot
4428
Resistance
4468 / 4493 / 4517 / 4541
Support
4444 / 4418 / 4395 / 4373
Possible Range
4430 to 4530
Strategy
Long positions may be opened above 4444 with targets at 4468/4493 stop-loss at 4419
Short positions may be opened below 4444 with targets at 4418/4395 stop-loss at 4469

FCPO Dec month rose 60 points or 1.37% to closed higher at 4439. Malaysian palm oil futures climbed for a second straight session on Thursday, supported by stronger soyoil prices, robust exports and the delay of the European Union's anti deforestation law for another year.

CBOT soyoil active traded contract rose 0.43 point to closed higher at 50.27 on previous session. Dalian’s active palm oil contract rose 44 points to closed higher at 9258 on previous night session.

The actively traded FCPO contract recently touched a low of 4,269 and has recovered for a second consecutive day on the daily chart. The latest key support is seen at 4,444–4,450, which could help limit further downside as long as prices hold above the 4,420–4,425 range. We anticipate continued buying interest, with a “buy-on-retracement” approach remaining the preferred strategy. A breakout above 4,465–4,475 could open the door for further upside toward the 4,493 level. Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4444 and 4468, 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