FCPO
FCPO 3rd Month Futures - 29 Oct 2025
Wed, 29-Oct-2025 08:43 am
by Dealing Team • Apex Futures

FCPO
Pivot
4445
Resistance
4310 / 4340 / 4365 / 4380
Support
4290 / 4280 / 4260 / 4220
Possible Range
4270 to 4350
Strategy
Long positions may be opened above 4300 with targets at 4330/4350 stop-loss at 4280
Short positions may be opened below 4300 with targets at 4270/4220 stop-loss at 4325

FCPO Dec month down 57 points or 1.3% to closed at 4317. Malaysian palm oil futures were weak as several mining associations are requesting the Indonesian government to cancel the plan to implement B50 in 2026 followed by sell off by Dalian olein market.

CBOT soyoil active traded contract down 0.51 points to close at 50.26 on previous session. Dalian’s active palm oil contract down 186 points to closed lower at 8824 on previous night session.

The actively traded FCPO contract sentiment was negative throughout the day in the previous session. Selling pressure were seen after breaking 4330, forcing long liquidation to close near day low. Next support level is identified at 4280-4270, otherwise chances for a sell off to 4220 is still high. A reversal for this immediate downtrend could be confirmed only when prices able to rebound back above 4330. Immediate support and resistant levels are identified at 4270 and 4300 respectively. Beware of any potential sentiment changes. 

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.069864 4.101388
EUR 4.798694 4.807120
CNY 0.580055 0.581065
HKD 0.523175 0.527232
SGD 3.155041 3.179678