FCPO
FCPO 3rd Month Futures - 15 Dec 2025
Mon, 15-Dec-2025 09:45 am
by Dealing Team • Apex Futures

FCPO
Pivot
4036
Resistance
4036 / 4057 / 4076 / 4098
Support
4018 / 3997 / 3976 / 3954
Possible Range
3950 to 4050
Strategy
Long positions may be opened above 4018 with targets at 4036/4057 stop-loss at 3998
Short positions may be opened below 4018 with targets at 3997/3976 stop-loss at 4038

FCPO Feb month rose dropped 45 points or 1.11% to closed at 4018. Malaysian palm oil futures fell on Friday, pressured by a stronger ringgit and tracking weakness in rival Dalian edible oils, and booked their first weekly loss in three.

CBOT soyoil active traded contract dropped 0.75 point to close at 50.07 on previous session. Dalian’s active palm oil contract down 78 points to close at 8496 on previous night session.

The active traded FCPO dropped for a third consecutive session on previous session after it failed to stay above the resistance range of 4,090 to 4,100. The palm price is expected to remain on a bearish trend, with a "sell on rebound" strategy being the main plan moving forward. The immediate support range is identified at 4,010 to 4,015; a break below this range would likely see the price move toward 3,990 or lower to 3,976. If the price manages to hold above the 4,010 to 4,015 support, some technical buying might occur, but the upside is likely limited to the 4,050 range due to prevailing bearish sentiment. Immediate support and resistant levels are identified at 4018 and 4036 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 3.910377 3.941921
EUR 4.603841 4.608755
CNY 0.570110 0.570719
HKD 0.500128 0.503660
SGD 3.077302 3.099068