FCPO
FCPO 3rd Month Futures - 31 Mar 2026
Tue, 31-Mar-2026 10:47 am
by Dealing Team • Apex Futures

FCPO
Pivot
4787
Resistance
4812 / 4828 / 4880 / 4950
Support
4760 / 4740 / 4700 / 4680
Possible Range
4700 to 4800
Strategy
Long positions may be opened above 4700 with targets at 4760/4800 stop-loss at 4670
Short positions may be opened below 4760 with targets at 4730/4700 stop-loss at 4785

FCPO June month surged 141 points or 3% to closed at 4772 in previous session. Malaysian palm oil futures gained strength after Indonesia agreed to proceed with B50 this year.

CBOT soyoil active trading contract up 1.18 points at 68.39 on previous session. Dalian active traded palm olein contract rose 74 points or 0.74 % at 10004 on previous night session.

The active FCPO contract gained buying momentum upon breaking up 4700 level. Daily candle showing good signs on continuation towards the upside, proposing a change of direction. Nevertheless, 4800 is a strong resistant and may expect market to retrace as a double top play may come into place. Trading below 4760 will expect some profit taking on the long, placing the market to consolidate in a short term. Immediate support and resistant levels are identified at 4700 and 4800 respectively. Beware of any potential sentiment changes.

(News Source: The Star, Reuters)

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 4.016085 4.043244
EUR 4.629771 4.633392
CNY 0.582367 0.582825
HKD 0.512520 0.516114
SGD 3.113561 3.134881