FCPO
FCPO 3rd Month Futures - 17 Oct 2025
Fri, 17-Oct-2025 08:43 am
by Dealing Team • Apex Futures

FCPO
Pivot
4515
Resistance
4575 / 4600 / 4612 / 4630
Support
4540 / 4525 / 4500 / 4490
Possible Range
4530 to 4600
Strategy
Long positions may be opened above 4530 with targets at 4570/4600 stop-loss at 4495
Short positions may be opened below 4500 with targets at 4480/4450 stop-loss at 4526

FCPO Dec month rose 39 points or 0.86% to closed at 4559 in the night session. Malaysian palm oil futures was supported in previous session as soybeans short covering were triggered with the possibility of U.S extending a pause of import duties on Chinese goods for longer than three months if China halts its plan for strict new export controls on rare-earth elements.

CBOT soyoil active traded contract remained unchanged to closed flat at 50.84 on previous session. Dalian’s active palm oil contract rose 76 points to closed higher at 9388 on previous night session.

The actively traded FCPO contract switched from Dec to Jan has created a well-supported level at 4500 in the continuous chart view as Jan price is approximately 40 points higher than in Dec. In the daily chart, immediate trend is still up, where supports are noticeably around 4500 - 4530, while resistant levels are seen around 4570 – 4600. As the prices has already broke the 4530 level, it may invalidate the selling momentum last week, and potentially retest the 4600 again. 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