FCPO
FCPO 3rd Month Futures - 16 Dec 2025
Tue, 16-Dec-2025 09:37 am
by Dealing Team • Apex Futures

FCPO
Pivot
4027
Resistance
4027 / 4048 / 4066 / 4084
Support
4009 / 3991 / 3969 / 3942
Possible Range
3950 to 4050
Strategy
Long positions may be opened above 4009 with targets at 4027/4048 stop-loss at 3989
Short positions may be opened below 4009 with targets at 3991/3969 stop-loss at 4029

FCPO Mar month dropped 15 points or 0.37% to close at 4013. Malaysian palm oil futures closed lower on Monday, tracking weakness in Dalian edible oils and also pressured by a stronger ringgit.

CBOT soyoil active traded contract dropped 0.59 point to close at 49.48 on previous session. Dalian’s active palm oil contract drooped 56 points to close at 8436 on previous night session.

The FCPO active contract switch to Mar 2026 from today onward, the price closed lower in the previous session, with the overall sentiment remaining bearish. Our recommendation continues to be a "sell on rebound" strategy. The price failed to hold the previous support range of 4010 to 4015, which now acts as the immediate resistance. We are targeting a price movement toward 3991, or potentially the crucial support level of 3969. If the 3969 support level holds, we may observe some limited buying momentum; however, if it breaks, the price could move significantly lower. On the upside, the significant resistance area is the 4045 to 4050 range. Immediate support and resistant levels are identified at 4009 and 4027 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 3.910377 3.941921
EUR 4.603841 4.608755
CNY 0.570110 0.570719
HKD 0.500128 0.503660
SGD 3.077302 3.099068