FCPO
FCPO 3rd Month Futures - 10 Oct 2025
Fri, 10-Oct-2025 09:55 am
by Dealing Team • Apex Futures

FCPO
Pivot
4580
Resistance
4600 / 4620 / 4638 / 4661
Support
4571 / 4550 / 4524 / 4505
Possible Range
4550 to 4650
Strategy
Long positions may be opened above 4600 with targets at 4620/4638 stop-loss at 4575
Short positions may be opened below 4600 with targets at 4571/4550 stop-loss at 4625

FCPO Dec month rose 46 points or 1.01% to closed at 4591. Malaysian palm oil futures notched a seven-month closing high on Thursday, driven by strength in rival Dalian oils and Indonesia's biodiesel plans, while profit-taking is expected ahead of the Malaysia Palm Oil Board's (MPOB) monthly data release.

CBOT soyoil active traded contract dropped 0.54 point to closed lower at 50.94 on previous session. Dalian’s active palm oil contract rose 84 points to close at 9596 on previous night session.

The actively traded FCPO contract continued its uptrend after breaking above the 4570–4565 range, which now serves as the immediate support zone. The price encountered resistance at the 4610–4615 range, aligning with the previous high. The bullish momentum remains intact, with buy on retracement still the preferred strategy. A break above the crucial 4610–4615 resistance could see the price advancing toward the next target at 4645–4650. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 4571 and 4600, 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