FCPO
FCPO 3rd Month Futures - 04 Mar 2026
Wed, 04-Mar-2026 11:31 am
by Dealing Team • Apex Futures

FCPO
Pivot
4158
Resistance
4200 / 4250 / 4280 / 4300
Support
4150 / 4130 / 4100 / 4075
Possible Range
4150 to 4250
Strategy
Long positions may be opened above 4150 with targets at 4200/4250 stop-loss at 4120
Short positions may be opened below 4150 with targets at 4100/4130 stop-loss at 4180

FCPO May month up 39 points or 0.96% % to closed at 4186 in previous session. Malaysian palm oil futures gained buying momentum amid strong rival oils and fear on Iran war.

CBOT soyoil active trading contract down 0.22 points at 62.67 on previous session. Dalian active traded palm olein contract is down 14 points or 0.15% at 8980 in previous session.

The active FCPO contract buying momentum continued for second day consecutively. In the daily chart, 2 bullish engulfing candle formed, and may expect a third bullish candle as there is no sign of selling from the top yet. The support has shifted higher to 4150 and may try to test 4250 soon. A key price to take note is 4250 and 4300 as it was previously marked as a strong resistant zone. Breaking above these 2 levels will indicate buyer’s strength in the market. Immediate support and resistant levels are identified at 4150 and 4250 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 3.933208 3.960978
EUR 4.575563 4.585407
CNY 0.571282 0.571899
HKD 0.503427 0.507495
SGD 3.076058 3.100967