FCPO
FCPO 3rd Month Futures - 16 Apr 2026
Thu, 16-Apr-2026 10:11 am
by Dealing Team • Apex Futures

FCPO
Pivot
4460
Resistance
4450 / 4470 / 4500 / 4550
Support
4410 / 4370 / 4350 / 4300
Possible Range
4400 to 4500
Strategy
Long positions may be opened above 4450 with targets at 4470/4500 stop-loss at 4420
Short positions may be opened below 4440 with targets at 4410/4370 stop-loss at 4480

FCPO June month up 8 points or 0.18% to closed at 4474 in previous session. Malaysian palm oil remained flat to supportive over better rival oil.

CBOT soyoil active trading contract down 1.15 points to flat at 67.28 on previous session. Dalian active traded palm olein contract down 8 points or 0.8% at 9403 on current morning session.

The active FCPO contract has temporary halted on selling upon reaching towards crucial support around 4400. Prices were seen supported yet uncertain on a strong rebound. Currently would still expect market to maintain at low end throughout the day in between 4400 – 4450 before deciding a new direction. Hover above 4450 would create a stronger support now as 4420 level was tested twice in recent days. Immediate support and resistant levels are identified at 4410 and 4450 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 3.941293 3.973014
EUR 4.659467 4.664334
CNY 0.580021 0.580641
HKD 0.503291 0.506859
SGD 3.100152 3.122206