FCPO
FCPO 3rd Month Futures - 2 Apr 2026
Thu, 02-Apr-2026 10:00 am
by Dealing Team • Apex Futures

FCPO
Pivot
4826
Resistance
4770 / 4800 / 4830 / 4880
Support
4740 / 4720 / 4670 / 4615
Possible Range
4700 to 4800
Strategy
Long positions may be opened above 4740 with targets at 4770/4800 stop-loss at 4699
Short positions may be opened below 4770 with targets at 4740/4720 stop-loss at 4790

FCPO June month down 60 points or 1.24% to closed at 4768 in previous session. Malaysian palm oil futures reversed negative amid crude oil prices fell. 

CBOT soyoil active trading contract up 0.81 points at 67.81 on current session. Dalian active traded palm olein contract rose 150 points or 1.52% at 9974 on current session.

The active FCPO contract retraces almost 200 basis points following close watch on crude oil’s selling in earlier sessions. Nevertheless, the uptrend has not changed, and this retracement should find support soon nearing 4700 level. With a strong selling yesterday, short term may try to play a double top formation around 4800 to resist. If the 4800 not able to resist well, another round of short covering will be seen, targeting 4900 again Immediate support and resistant levels are identified at 4700 and 4800 respectively. Beware of any potential sentiment changes.

(News Source: The Star, Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.010109 4.042241
EUR 4.664716 4.669969
CNY 0.585053 0.585717
HKD 0.511674 0.515336
SGD 3.126194 3.148644