FCPO
FCPO 3rd Month Futures - 6 Oct 2025
Mon, 06-Oct-2025 10:03 am
by Dealing Team • Apex Futures

FCPO
Pivot
4454
Resistance
4454 / 4480 / 4506 / 4535
Support
4428 / 4400 / 4378 / 4355
Possible Range
4420 to 4530
Strategy
Long positions may be opened above 4454 with targets at 4480/4506 stop-loss at 4434
Short positions may be opened below 4454 with targets at 4428/4400 stop-loss at 4474

FCPO Dec month down 4 points or 0.09% to closed at 4442. Malaysian palm oil futures snapped a three-week losing streak to post a weekly gain on Friday, as short coverings provided support to the market, while concerns over weak demand from India weighed.

CBOT soyoil active traded contract dropped 0.39 point to closed lower at 50.05 on previous session. Dalian’s active palm oil contract remain closed on festive holiday.

The actively traded FCPO contract closed lower in the previous session, with prices continuing to range within a downward channel on the daily chart. Resistance is spotted at the 4,480–4,485 zone, where a reversal candle—a bearish pin bar—has formed, signaling hesitation for further upside in the near term. Some profit-taking activities may emerge, with key support seen at the 4,425–4,420 range. Holding above this level could keep recent buying momentum intact, but a break below may open the door to further downside. On the upside, a breakout above the resistance line could drive prices higher toward the 4,500–4,520 range. Beware of any potential sentiment changes. 

(News Source: Reuters)

Read more details in:

Disclaimer

The report is for internal and private circulation only and shall not be reproduced either in part or otherwise without the prior written consent of Apex Securities Berhad. The opinions and information contained herein are based on available data believed to be reliable. It is not to be construed as an offer, invitation or solicitation to buy or sell the securities covered by this report.

Opinions, estimates and projections in this report constitute the current judgment of the author. They do not necessarily reflect the opinion of Apex Securities Berhad and are subject to change without notice. Apex Securities Berhad has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Apex Securities Berhad does not warrant the accuracy of anything stated herein in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against Apex Securities Berhad. Apex Securities Berhad may from time to time have an interest in the company mentioned by this report. This report may not be reproduced, copied or circulated without the prior written approval of Apex Securities Berhad.

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