FCPO
FCPO 3rd Month Futures - 24 Oct 2025
Fri, 24-Oct-2025 09:55 am
by Dealing Team • Apex Futures

FCPO
Pivot
4453
Resistance
4471 / 4494 / 4516 / 4547
Support
4447 / 4425 / 4397 / 4374
Possible Range
4440 to 4540
Strategy
Long positions may be opened above 4471 with targets at 4494/4516 stop-loss at 4446
Short positions may be opened below 4471 with targets at 4447/4425 stop-loss at 4496

FCPO Jan month rose 15 points or 0.34% to closed at 4471. Malaysian palm oil futures closed higher on Thursday, snapping three consecutive sessions of losses, supported by the strength from soyoil at Dalian market.

CBOT soyoil active traded contract jumped 0.80 point to closed at 50.87 on previous session. Dalian’s active palm oil contract rose 12 points to close at 9126 on previous night session.

The actively traded FCPO contract on the daily chart continues to hover within a broad sideways range, with the midpoint spotted at 4455–4465, serving as a key support area that helps prices stay on the positive side. On the hourly chart, a minor downward channel is observed, with the support line at 4410–4415 holding firm and showing signs of buying momentum. The buying bias remains intact, with potential movement toward 4471 and 4494. A break above 4494 could signal further upside, while failure to breach this level may invite mild selling pressure around the area. Beware of any potential sentiment changes. Immediate support and resistance levels are identified at 4447 and 4471, respectively.

(News Source: 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