FCPO
FCPO 3rd Month Futures - 10 Mar 2026
Tue, 10-Mar-2026 09:09 am
by Dealing Team • Apex Futures

FCPO
Pivot
4642
Resistance
4585 / 4650 / 4695 / 4740
Support
4535 / 4490 / 4465 / 4445
Possible Range
4465 to 4695
Strategy
Long positions may be opened above 4585 with targets at 4650/4695 stop-loss at 4570
Short positions may be opened below 4535 with targets at 4490/4465 stop-loss at 4550

FCPO May month surged 200 points or +4.58% to closed at 4567 in previous session. Palm oil surged as much as 10%, soybean oil jumped and wheat neared a two-year peak, as the war in the Middle East drove energy and fertilizer costs higher and threatened to tighten supplies across agricultural markets. 

CBOT soyoil active trading contract losses 0.88 points to closed at 65.52 on current session. Dalian active traded palm olein contract earns 156 points to close at 9742 on previous night session. 

The active FCPO contract broke above the previous high and surged to the limit-up price of 4803, but it was unable to sustain trading above the 4594-4600 level. On the 5-minute chart, FCPO remains technically strong after opening with a gap up, forming a pattern of higher highs and higher lows. The key support has also shifted upward, with the previous low moving from 4135 to 4495, indicating improving short-term momentum. 

Intraday immediate resistance is seen at 4585-4650 area. A breakout above this zone could pave the way toward 4695, with an extended target at 4740. On the other hand, failure to maintain above 4535-4490 may trigger a pullback toward 4465. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4535 and 4585, respectively.

(News Source: Bloomberg)

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