FCPO
FCPO 3rd Month Futures - 12 Dec 2025
Fri, 12-Dec-2025 09:47 am
by Dealing Team • Apex Futures

FCPO
Pivot
4079
Resistance
4060 / 4080 / 4120 / 4140
Support
4030 / 4000 / 3970 / 3900
Possible Range
4060 to 3970
Strategy
Long positions may be opened above 4060 with targets at 4090/4100 stop-loss at 4040
Short positions may be opened below 4060 with targets at 4030/3970 stop-loss at 4190

FCPO Feb month dropped 23 points or 0.57% to close at 4040. Malaysian palm oil futures reversed to negative wiping off earlier gains immediately as MPOB data released showed high stocks level of 2.835 million mts along with weak rival oils created weakness in the market.

CBOT soyoil active traded contract dropped 0.29 point to close at 51.32 on previous session. Dalian’s active palm oil contract dropped 96 points to close at 8546 on previous night session.

The actively traded FCPO contract reversed sharply down after retraces back to its strong resistant at 4120 level. The market still posed a negative sentiment as the bearish MPOB figure still in play. Nevertheless, a sideway play is still expected temporarily as the daily chart hasn’t shown a breakdown confirmation. If selling continues, the price range around 4000-3968 may try for a double bottom before affirming for a new direction.   Immediate support and resistant levels are identified at 4030 and 4080 respectively. 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 4.077871 4.111430
EUR 4.800957 4.806968
CNY 0.580107 0.580830
HKD 0.523945 0.527748
SGD 3.158630 3.181638