FCPO
FCPO 3rd Month Futures - 18 Mar 2026
Wed, 18-Mar-2026 09:54 am
by Dealing Team • Apex Futures

FCPO
Pivot
4605
Resistance
4630 / 4660 / 4700 / 4740
Support
4600 / 4580 / 4540 / 4510
Possible Range
4600 to 4700
Strategy
Long positions may be opened above 4600 with targets at 4650/4680 stop-loss at 4570
Short positions may be opened below 4600 with targets at 4540/4510 stop-loss at 4630

FCPO June month down 51 points or 1.1% to closed at 4603 in previous night session. Malaysian palm oil futures remained uncertain yet supportive with mixed trading from rival oils.

 

CBOT soyoil active trading contract up 1.95 points at 65.88 on previous session. Dalian active traded palm olein contract dropped 82 points or 0.82% at 9872 on previous session.

 

The active FCPO contract remains cautious trading despite the ongoing uptrend. Nevertheless, support levels have seen to be staggered up from 4550 to 4600 now. The market should maintain above 4600 and breaking above 4650 may continue a short spike as 4700 target is still foreseeable. As previously mentioned, a sharp selling temporary should be unlikely with war factors causing repercussion effects to the logistics’, creating a surge in costings. However, beware that given the recent volatility a 100 basis point retracement could be considered as “normal”. Immediate support and resistant levels are identified at 4580 and 4630 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 3.939468 3.970256
EUR 4.653745 4.662279
CNY 0.579514 0.580003
HKD 0.503483 0.506935
SGD 3.096378 3.120719