FCPO
FCPO 3rd Month Futures - 16 Mar 2026
Mon, 16-Mar-2026 11:05 am
by Dealing Team • Apex Futures

FCPO
Pivot
4566
Resistance
4585 / 4510 / 4470 / 4425
Support
4540 / 4510 / 4470 / 4425
Possible Range
4600 to 4700
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 4130/4100 stop-loss at 4180

FCPO May month up 23 points or 0.5% to closed at 4564 in previous session. Malaysian palm oil futures remained uncertain with mixed trading from rival oils

CBOT soyoil active trading contract down 0.89 points at 66.53 on current session. Dalian active traded palm olein contract surged  192 points or 1.96% at 9968 on current session.

The active FCPO contract remained supportive yet short-term selling signal was shown in previous Friday session. Support levels were seen at 4540 to keep market’s bullish view intact. While buying interest is shown  throughout previous session, a break above 4600 this time will create a momentum upwards target 4660 – 4700. Selling temporary is unlikely with war factors causing repercussion effects to the logistics’, creating a surge in costings. Immediate support and resistant levels are identified at 4540 and 4600 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 3.922839 3.954458
EUR 4.508417 4.513271
CNY 0.570574 0.571181
HKD 0.501350 0.504902
SGD 3.063581 3.085370