FCPO
FCPO 3rd Month Futures - 12 Jan 2026
Mon, 12-Jan-2026 09:57 am
by Dealing Team • Apex Futures

FCPO
Pivot
4052
Resistance
4052 / 4076 / 4102 / 4127
Support
4031 / 4010 / 3985 / 3963
Possible Range
3980 to 4100
Strategy
Long positions may be opened above 4031 with targets at 4052/4076 stop-loss at 4011
Short positions may be opened below 4031 with targets at 4010/3985 stop-loss at 4051

FCPO Mar month dropped 7 points or 0.17% to closed at 4036. Malaysian palm oil futures fell on Friday on profit taking, but posted a weekly gain on strength in rival edible oils on the Dalian and Chicago exchanges and Indonesia's plan to raise its palm oil export levy.

CBOT soyoil active traded contract rose 0.24 points to close at 49.69 on previous session. Dalian active traded palm olein contract rose 16 points to close at 8660 on previous night session.

The active FCPO contract continues to trade within a downward channel on the daily chart. Palm oil prices attempted to break above the key resistance zone at 4,090–4,100 but failed, maintaining a downside bias. On the shorter time frame, prices are moving within a sideways range, with the upper boundary at the 4,090–4,100 resistance zone and the lower boundary at 3,970–3,980. In the latest movement, prices are trading near the middle of this range at around 4,030–4,035. A failure to hold this mid-range support could push prices lower toward 4,010 or 3,985. Conversely, holding above this level may allow prices to move back toward the upper boundary near 4,100. Immediate support and resistant levels are identified at 4031 and 4052 respectively. Beware of any potential sentiment changes. 

(News Source: Reuters)

Read more details in:

Disclaimer

The report is for internal and private circulation only and shall not be reproduced either in part or otherwise without the prior written consent of Apex Securities Berhad. The opinions and information contained herein are based on available data believed to be reliable. It is not to be construed as an offer, invitation or solicitation to buy or sell the securities covered by this report.

Opinions, estimates and projections in this report constitute the current judgment of the author. They do not necessarily reflect the opinion of Apex Securities Berhad and are subject to change without notice. Apex Securities Berhad has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Apex Securities Berhad does not warrant the accuracy of anything stated herein in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against Apex Securities Berhad. Apex Securities Berhad may from time to time have an interest in the company mentioned by this report. This report may not be reproduced, copied or circulated without the prior written approval of Apex Securities Berhad.

Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.057414 4.089863
EUR 4.739877 4.744988
CNY 0.583060 0.583675
HKD 0.520701 0.524375
SGD 3.154323 3.176776