FCPO
FCPO 3rd Month Futures - 11 Mar 2026
Wed, 11-Mar-2026 09:04 am
by Dealing Team • Apex Futures

FCPO
Pivot
4427
Resistance
4420 / 4475 / 4515 / 4575
Support
4380 / 4340 / 4300 / 4265
Possible Range
4300 to 4515
Strategy
Long positions may be opened above 4420 with targets at 4475/4515 stop-loss at 4405
Short positions may be opened below 4380 with targets at 4340/4300 stop-loss at 4395

FCPO May month dropped 24 points or -0.54% to closed at 4404 in previous night session. Crude palm oil output in Malaysia, the world’s second-largest grower, fell the most since 2016 last month, data from the Malaysian Palm Oil Board showed on Tuesday.

 

CBOT soyoil active trading contract gains 1.00 points to closed at 66.62 on current session. Dalian active traded palm olein contract losses 130 points to close at 9348 on previous night session.

 

The active FCPO contract continued to decline after reaching the limit-up price, failing to hold above the 4595-4590 level. However, the market may find support around the 4325-4320 zone if it intends to maintain its upward momentum. On the 5-minute chart, the market is currently undergoing a correction from the recent top. Despite this pullback, the overall upside momentum remains intact, with a higher high identified at 4735-4750 and a higher low formed around the 4405-4375 level.

 

Intraday immediate resistance is seen at 4420-4475 area. A breakout above this zone could pave the way toward 4515, with an extended target at 4575. On the other hand, failure to maintain above 4380-4340 may trigger a pullback toward 4300. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4380 and 4420, respectively. 
 

(News Source: Bloomberg)

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 3.939468 3.970256
EUR 4.653745 4.662279
CNY 0.579514 0.580003
HKD 0.503483 0.506935
SGD 3.096378 3.120719