FCPO
FCPO 3rd Month Futures - 13 Oct 2025
Mon, 13-Oct-2025 09:31 am
by Dealing Team • Apex Futures

FCPO
Pivot
4566
Resistance
4550 / 4580 / 4600 / 4625
Support
4525 / 4500 / 4480 / 4450
Possible Range
4480 to 4560
Strategy
Long positions may be opened above 4525 with targets at 4550/4580 stop-loss at 4499
Short positions may be opened below 4525 with targets at 4480/4450 stop-loss at 4560

FCPO Dec month down 45 points or 1% to closed at 4546. Malaysian palm oil futures reversed negative after MPOB higher than expected stocks level in September month recorded at 2.36 million metric tonnes combined with weak rival oils.

CBOT soyoil active traded contract dropped 100 points to closed lower at 49.97 on previous session. Dalian’s active palm oil contract dropped 54 points to closed lower at 9384 on previous night session.

The actively traded FCPO contract was uncertain in the previous session after an intraday gap down. In the daily chart, immediate trend is still up, but retracement is expected to set in after last Friday’s action. Supports are noticeably around 4525 – 4480, while resistant levels are seen around 4550 – 4600. A break below 4500 may trigger momentum targeting 4450, as long liquidation should continue. Beware of any potential sentiment changes. 

(News Source: The Star, 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 4.212894 4.246402
EUR 4.925348 4.934954
CNY 0.592662 0.593823
HKD 0.542079 0.546393
SGD 3.250847 3.276896