FCPO
FCPO 3rd Month Futures - 17 Dec 2025
Wed, 17-Dec-2025 09:41 am
by Dealing Team • Apex Futures

FCPO
Pivot
3976
Resistance
3958 / 3980 / 4002 / 4023
Support
3939 / 3917 / 3893 / 3867
Possible Range
3880 to 3980
Strategy
Long positions may be opened above 3939 with targets at 3958/3980 stop-loss at 3919
Short positions may be opened below 3939 with targets at 3917/3893 stop-loss at 3959

FCPO Mar month dropped 46 points or 1.15 % to close at 3962. Malaysian palm oil futures tumbled on Tuesday for a third consecutive session, weighed by weaker rival oils and concerns over rising stocks amid softer exports.

CBOT soyoil active traded contract dropped 1.12 point to close at 48.36 on previous session. Dalian’s active palm oil contract drooped 136 points to close at 82920 on previous night session.

The active FCPO contract has extended its decline, decisively breaking below the 3960-3970 support range. This zone now represents a significant resistance area. A downward channel is clearly forming on the shorter time frames, confirming a persistent bearish bias. We anticipate prices will continue their trajectory towards the channel's support line, targeting the 3870-3880 range. The recommended strategy remains selling on technical rebounds. Immediate support and resistant levels are identified at 3939 and 3958 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