FCPO
FCPO 3rd Month Futures - 7 Apr 2026
Tue, 07-Apr-2026 08:58 am
by Dealing Team • Apex Futures

FCPO
Pivot
4822
Resistance
4850 / 4880 / 4910 / 4950
Support
4800 / 4780 / 4720 / 4685
Possible Range
4780 to 4880
Strategy
Long positions may be opened above 4850 with targets at 4880/4910 stop-loss at 4835
Short positions may be opened below 4800 with targets at 4780/4720 stop-loss at 4815

FCPO June month gains 15 points or +0.31% to closed at 4826 in previous night session. Thailand will begin regulating crude palm oil exports as the world’s third-largest producer seeks to secure supplies for biofuel, amid an energy crunch driven by the war in the Middle East that is boosting demand for alternative fuels.

 

CBOT soyoil active trading contract gains 0.04 points to closed at 69.99 on current session. Dalian active traded palm olein contract closed yesterday due to Qingming Festival, will reopen today.

 

The active FCPO contract continue it neutral momentum, sideway between 4800-4850 level. On the 5-minute chart, price showing strong rejection after false break up 4850 level, it might continue consolidating until a strong momentum leading the market.

 

Intraday immediate resistance is seen at 4850-4880 area. A breakout above this zone could pave the way toward 4910, with an extended target at 4950. On the other hand, failure to maintain above 4800-4780 may trigger a pullback toward 4720. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4800 and 4850, respectively. 
 

(News Source: Bloomberg)

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