FCPO
FCPO 3rd Month Futures (PM) - 13 May 2024
Mon, 13-May-2024 02:03 pm
by Futures Dealing • Apex Futures

FCPO
Pivot
3874
Resistance
3895 / 3927 / 3952 / 3977
Support
3852 / 3836 / 3820 / 3800
Possible Range
3750 to 3900
Strategy
Long positions may be opened above 3875 with targets at 3895/3927 stop-loss at 3850
Short positions may be opened below 3875 with targets at 3852/3836 stop-loss at 3900

FCPO Jul month gained 65 points or 1.71% to 3809 closed higher at midday. On Monday, Malaysian palm oil futures experienced a rise, kicking off the week with vigor following their longest weekly decline in over six years, reflecting the market's response to the strength observed in Dalian counterparts.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.186146 4.219371
EUR 4.664934 4.669654
CNY 0.594782 0.595398
HKD 0.537928 0.541710
SGD 3.240672 3.263549