FCPO
FCPO 3rd Month Futures - 9 Oct 2025
Thu, 09-Oct-2025 10:01 am
by Dealing Team • Apex Futures

FCPO
Pivot
4258
Resistance
4556 / 4583 / 4608 / 4629
Support
4258 / 4507 / 4482 / 4457
Possible Range
4500 to 4610
Strategy
Long positions may be opened above 4528 with targets at 4556/4583 stop-loss at 4508
Short positions may be opened below 4528 with targets at 4507/4482 stop-loss at 4548

FCPO Dec month rose 75 points or 1.68% to closed at 4545. Malaysian palm oil futures gained more than 1% on Wednesday, driven by stronger soyoil and crude oil prices that prompted traders to cover short positions.

CBOT soyoil active traded contract rose 0.44 point to closed higher at 51.48 on previous session. Dalian’s active palm oil contract remains closed on festive holiday.

The actively traded FCPO contract broke above the previous high of 4525 in the last session and continued to trade higher. We observed that the price has successfully broken out from the resistance line of the downward channel, indicating that the uptrend remains intact. In the shorter time frame, some consolidation trading may take place after the recent surge, with the 4500-range serving as the main support to maintain the upside bias. On the upper side, the next resistance zone is spotted around 4570 to 4565; a break above this level could drive prices further toward the 4610 to 4615 range. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 4528 and 4556, respectively.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.212894 4.246402
EUR 4.925348 4.934954
CNY 0.592662 0.593823
HKD 0.542079 0.546393
SGD 3.250847 3.276896