FCPO
FCPO 3rd Month Futures - 23 Oct 2025
Thu, 23-Oct-2025 08:20 am
by Dealing Team • Apex Futures

FCPO
Pivot
4475
Resistance
4430 / 4450 / 4480 / 4520
Support
4410 / 4400 / 4375 / 4350
Possible Range
4400 to 4500
Strategy
Long positions may be opened above 4400 with targets at 4450/4480 stop-loss at 4385
Short positions may be opened below 4480 with targets at 4450/4430 stop-loss at 4510

FCPO Dec month down 51 points or 1.13% to closed at 4454. Malaysian palm oil futures unable to sustain price as MPOA production for the first 20 days of October increased by 10.77%.

CBOT soyoil active traded contract down 59 points to close at 50.02 on previous session. Dalian’s active palm oil contract down 84 points to closed lower at 9080 on previous night session.

The actively traded FCPO contract was weak in the previous session with prices gapping down intervalley. Despite the multiple gaps down which indicates weakness in the market, selling momentum was seen slowed. A potential reverse to the upside may show as 4400 could be a crucial support for the market to move back up in the later stage given that the longer-term trend is still up as seen in the daily chart. Resistant levels are identified at 4450-4480. 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 4.073855 4.107406
EUR 4.789363 4.795370
CNY 0.580525 0.581256
HKD 0.523855 0.527658
SGD 3.153953 3.176981