FCPO
FCPO 3rd Month Futures - 18 Dec 2025
Thu, 18-Dec-2025 09:44 am
by Dealing Team • Apex Futures

FCPO
Pivot
3956
Resistance
4003 / 4026 / 4050 / 4073
Support
3984 / 3960 / 3945 / 3923
Possible Range
3950 to 4050
Strategy
Long positions may be opened above 4003 with targets at 4026/4050 stop-loss at 3983
Short positions may be opened below 4003 with targets at 3984/3960 stop-loss at 4023

FCPO Mar month rose 4 points or 0.10% to close at 3966. Malaysian palm oil futures traded in a tight range on Wednesday, as stronger crude oil prices supported the market, while concerns over sluggish exports and elevated inventories continued to weigh

CBOT soyoil active traded contract rose 0.16 point to close at 48.52 on previous session. Dalian’s active palm oil contract rose 68 points to close at 8398 on previous night session.

The FCPO active contract closed slightly higher in the previous session. A Dragonfly Doji pattern has formed on the daily chart following a series of bearish candles, suggesting a potential near-term reversal. However, the overall market sentiment remains bearish, which may limit significant upside movement. Technical buying is evident in smaller time frames. We recommend a "buy on retracement" strategy for short-term opportunities. If support above the 4000–4005 range. A sustained break above this level could target 4026, with potential further upside limited to around 4050. Immediate support and resistant levels are identified at 3984 and 4003 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