FCPO
FCPO 3rd Month Futures - 22 Dec 2025
Mon, 22-Dec-2025 09:52 am
by Dealing Team • Apex Futures

FCPO
Pivot
3927
Resistance
3921 / 3944 / 3965 / 3989
Support
3893 / 3869 / 3848 / 3822
Possible Range
3840 to 3970
Strategy
Long positions may be opened above 3921 with targets at 3944/3965 stop-loss at 3901
Short positions may be opened below 3921 with targets at 3893/3869 stop-loss at 3941

FCPO Mar month dropped 75 points or 1.88% to close at 3905. Malaysian palm oil futures slipped more than 1% on Friday, booking a second consecutive weekly decline, as weaker rival edible oils and a firmer ringgit pressured price.

CBOT soyoil active traded contract rose 0.33 point to close at 48.44 on previous session. Dalian’s active palm oil contract dropped 60 points to close at 8276 on previous night session.

The actively traded FCPO contract remains in a bearish trend, continuing to trade within a downward channel and maintaining a downside bias. The next crucial support is seen at the 3,880–3,870 range. A break below this level could open further downside toward 3,850–3,845. However, if prices hold above the key support, a mild technical rebound may occur, with resistance located around the 3,925–3,930 range. Immediate support and resistant levels are identified at 3921 and 3893 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