FCPO
FCPO 3rd Month Futures - 2 Jan 2026
Fri, 02-Jan-2026 10:16 am
by Dealing Team • Apex Futures

FCPO
Pivot
4056
Resistance
4056 / 4080 / 4102 / 4128
Support
4033 / 4010 / 3985 / 3962
Possible Range
3980 to 4080
Strategy
Long positions may be opened above 4033 with targets at 4056/4080 stop-loss at 4013
Short positions may be opened below 4033 with targets at 4010/3985 stop-loss at 4053

FCPO Mar month dropped 20 points or 0.49% to close at 4050. Malaysian palm oil futures fell on Wednesday and were headed for a loss in 2025, a volatile year beset by geopolitical uncertainties and tariffs.

CBOT soyoil active traded contract dropped 0.88 point to close at 48.56 on previous session. Dalian’s active palm oil contract dropped 16 points to close at 8584 on previous night session, the market remains closed for New Year's Day holiday, will resume trading on 5 January 2026.

The active FCPO contract continues to trade within a downward channel on the daily chart. The price has encountered resistance at the 4,095–4,100 zone and remains capped below this level. On the shorter time frame, the price has formed a minor sideways consolidation after failing to break above the 4,095–4,100 resistance. The price is currently trading near the middle of this range at around 4,050–4,060. Trading is expected to remain range-bound, with support seen at 4,030–4,035. A breakout above or below this range may lead to a directional move in the corresponding direction. Immediate support and resistance levels are identified at 4033 and 4056 respectively. Beware of any potential sentiment changes. 

(News Source: Reuters)

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Market Mover
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USD 4.031991 4.063294
EUR 4.738963 4.742774
CNY 0.579636 0.580093
HKD 0.518008 0.521527
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