FCPO
FCPO 3rd Month Futures - 16 Oct 2025
Thu, 16-Oct-2025 08:34 am
by Dealing Team • Apex Futures

FCPO
Pivot
4508
Resistance
4530 / 4550 / 4580 / 460
Support
4500 / 4480 / 4450 / 4430
Possible Range
4450 to 4520
Strategy
Long positions may be opened above 4500 with targets at 4525/4550 stop-loss at 4485
Short positions may be opened below 4500 with targets at 4480/4450 stop-loss at 4526

FCPO Dec month rose 13 points or 0.29% to closed at 4474. Malaysian palm oil futures was supported in previous session as Cargo surveyors estimated an increase of 12.3% to 16.2% in Malaysian palm oil product exports for the first 15 days of October compared to the same period in September

CBOT soyoil active traded contract remained unchanged to closed flat at 50.53 on previous session. Dalian’s active palm oil contract down 34 points to closed lower at 9330 on previous night session.

The actively traded FCPO contract has switched its active contract month from Dec to Jan today and has seemed to remain well supported in the previous session around 4480 (Jan contract). In the Jan daily chart, immediate trend is still up, where supports are noticeably around 4480 - 4460, while resistant levels are seen around 4530 – 4550. A break above 4530 may invalidate the selling momentum last week, and potentially retest the 4600. Beware of any potential sentiment changes. 

(News Source: The Star, 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