FCPO
FCPO 3rd Month Futures - 21 Oct 2025
Tue, 21-Oct-2025 10:16 am
by Dealing Team • Apex Futures

FCPO
Pivot
4525
Resistance
4525 / 4548 / 4572 / 4594
Support
4501 / 4478 / 4453 / 4426
Possible Range
4490 to 4590
Strategy
Long positions may be opened above 4525 with targets at 4548/4572 stop-loss at 4505
Short positions may be opened below 4525 with targets at 4501/4478 stop-loss at 4545

FCPO Jan month dropped 7 points or 0.15% to closed at 4513. Malaysian palm oil futures ended lower on Friday, snapping a two-week rally, as weaker crude oil prices pressured the market.

CBOT soyoil active traded contract rose 0.02 point to closed almost flat at 51.31 on previous session. Dalian’s active palm oil contract dropped 76 points to close at 9294 on previous night session.

The actively traded FCPO contract on the daily chart continues to hover within a broad sideways range, with the midpoint seen around the 4480–4485 zone, supporting prices to remain on the upper side of the range. On the hourly chart, prices are moving within an upward channel, forming a series of higher lows, and are currently supported above the 4500 level. Immediate resistance is spotted at 4520–4525; a breakout above this range could drive prices higher toward 4548 or even 4572. However, failure to break above 4520–4525 may trigger a pullback toward 4500, the key level to maintain the minor upward channel. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 4501 and 4525, respectively.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.071594 4.103148
EUR 4.788661 4.792351
CNY 0.580700 0.581157
HKD 0.523467 0.527018
SGD 3.153405 3.174965