FCPO
FCPO 3rd Month Futures - 03 Mar 2026
Tue, 03-Mar-2026 10:33 am
by Dealing Team • Apex Futures

FCPO
Pivot
4105
Resistance
4170 / 4200 / 4250 / 4280
Support
4130 / 4100 / 4075 / 4050
Possible Range
4100 to 4200
Strategy
Long positions may be opened above 4100 with targets at 4150/4200 stop-loss at 4060
Short positions may be opened below 4200 with targets at 4070/4050 stop-loss at 4230

FCPO May month surged 104 points or 2.57% % to closed at 4146 in previous session. Malaysian palm oil futures gained supports amid strong rival oils.

CBOT soyoil active trading contract surged 0.91 points at 62.67 on previous session. Dalian active traded palm olein contract is up 48 points or 0.54% at 8946 in previous session.

The active FCPO contract showed further buying momentum to follow Friday’s reversal candle. In the daily chart, a substantial bullish candle closed on Friday despite a strong selling on Thursday indicating a supportive momentum in building. The support has shifted high to the 4100 mark from earlier 4000 level. A potential follow through may be expected to test 4200 today. Immediate support and resistant levels are identified at 4100 and 4170 respectively. Beware of any potential sentiment changes.

(News Source: The Star, 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 3.910377 3.941921
EUR 4.603841 4.608755
CNY 0.570110 0.570719
HKD 0.500128 0.503660
SGD 3.077302 3.099068