FCPO
FCPO 3rd Month Futures - 22 Oct 2025
Wed, 22-Oct-2025 09:43 am
by Dealing Team • Apex Futures

FCPO
Pivot
4525
Resistance
4502 / 4525 / 4551 / 4575
Support
4478 / 4453 / 4426 / 4406
Possible Range
4450 to 4550
Strategy
Long positions may be opened above 4502 with targets at 4525/4551 stop-loss at 4482
Short positions may be opened below 4502 with targets at 4478/4453 stop-loss at 4522

FCPO Jan month dropped 8 points or 0.18% to closed at 4505. Malaysian palm oil futures reversed previous gains and fell on Tuesday after the market followed softening of rival vegetable oils prices at the Dalian market.

CBOT soyoil active traded contract dropped 0.66 point to closed 50.65 on previous session. Dalian’s active palm oil contract dropped 52 points to close at 9270 on previous night session.

The actively traded FCPO contract on the daily chart continues to hover within a broad sideways range, with the midpoint adjusted to the 4455–4460 zone, supporting prices to remain on the upper side of the range. On the hourly chart, the previous session saw prices reach a high of 4572 before facing strong selling pressure, forming a double-top pattern that signals a potential further downside bias. The new immediate resistance is seen at 4505–4500, a potential selling area for further weakness, while crucial support remains at 4455–4460. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 4478 and 4502, 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