FCPO
FCPO 3rd Month Futures - 25 Mar 2026
Wed, 25-Mar-2026 09:18 am
by Dealing Team • Apex Futures

FCPO
Pivot
4557
Resistance
4565 / 4610 / 4650 / 4685
Support
4530 / 4490 / 4450 / 4415
Possible Range
4490 to 4610
Strategy
Long positions may be opened above 4565 with targets at 4610/4650 stop-loss at 4550
Short positions may be opened below 4530 with targets at 4490/4450 stop-loss at 4515

FCPO May month losses 74 points or -1.60% to closed at 4537 in previous session. Palm oil’s discount to gasoil widened to the biggest since late 2023, as fears of a protracted Middle East war kept petroleum prices elevated and boosted the tropical oil’s appeal as an alternative fuel feedstock.

 

CBOT soyoil active trading contract losses 0.77 points to closed at 64.96 on current session. Dalian active traded palm olein contract losses 62 points to close at 9616 on previous night session.

 

The active FCPO contract has fallen below its previous support zone at 4600-4595, suggesting potential downside pressure with the next target seen around 4320-4310. On the 5-minute chart, price is currently consolidating within the 4500-4690 range, awaiting a clearer directional move. A breakout above 4690 could trigger bullish momentum, while a break below 4500 may push the market further lower.

 

Intraday immediate resistance is seen at 4565-4610 area. A breakout above this zone could pave the way toward 4650, with an extended target at 4685. On the other hand, failure to maintain above 4530-4490 may trigger a pullback toward 4450. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4530 and 4565, respectively. 
 

(News Source: Bloomberg)

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