FCPO
FCPO 3rd Month Futures - 29 Sep 2025
Mon, 29-Sep-2025 09:27 am
by Dealing Team • Apex Futures

FCPO
Pivot
4420
Resistance
4460 / 4480 / 4500 / 4550
Support
4390 / 4375 / 4340 / 4300
Possible Range
4400 to 4500
Strategy
Long positions may be opened above 4400 with targets at 4500/4550 stop-loss at 4415
Short positions may be opened below 4375 with targets at 4340/4300 stop-loss at 4410

FCPO Dec month down 44 points or 0.99% to closed at 4396. Malaysian palm oil futures slide as India’s import shift to soy oil over its discounted price against CPO.

CBOT soyoil active traded contract dropped 0.08 point to closed lower at 50.19 on previous session. Dalian’s active palm oil contract rose 12 points to closed higher at 9278 on previous night session.

The actively traded FCPO contract corrected slightly on last Friday session upon reaching its strong resistant point at 4460. Nevertheless, on the daily chart, the market’s sentiment has shifted towards an upward bias despite currently trading in a consolidation phase. Supports are noticeably around 4375 – 4340, while resistant levels are seen around 4460 – 4500. A break above 4500 may trigger momentum targeting 4600, validating its negation against the false breakdown at 4375 earlier last week. Beware of any potential sentiment changes. 

(News Source: Reuters)

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Market Mover
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