FCPO
FCPO 3rd Month Futures - 13 Mar 2026
Fri, 13-Mar-2026 09:08 am
by Dealing Team • Apex Futures

FCPO
Pivot
4567
Resistance
4610 / 4650 / 4685 / 4740
Support
4565 / 4530 / 4490 / 4450
Possible Range
4490 to 4685
Strategy
Long positions may be opened above 4610 with targets at 4650/4685 stop-loss at 4595
Short positions may be opened below 4565 with targets at 4530/4490 stop-loss at 4580

FCPO May month earn 41 points or +0.90% to closed at 4582 in previous night session. Palm oil futures extended a rally, heading for the fifth gain in six sessions, as oil’s jump back above $100 a barrel increases demand prospects for biofuel feedstocks.

 

CBOT soyoil active trading contract losses 0.26 points to closed at 67.16 on current session. Dalian active traded palm olein contract gains 110 points to close at 9818 on previous night session.

 

The active FCPO contract is currently testing the immediate daily resistance at 4594-4605. A successful break above this zone could support further upside momentum. On the 5-minute chart, the higher low has shifted from 4395 to 4530, indicating improving short-term support. However, caution is advised as a higher high has yet to form, and the price could trigger down if the 4535-4530 level is broken.

 

Intraday immediate resistance is seen at 4610-4650 area. A breakout above this zone could pave the way toward 4685, with an extended target at 4740. On the other hand, failure to maintain above 4565-4530 may trigger a pullback toward 4490. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4565 and 4610, respectively. 
 

(News Source: Bloomberg)

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