HomePakistanWeekly Technical Analysis of Palm Oil – 12 December 2025

Weekly Technical Analysis of Palm Oil – 12 December 2025

🌴 Palm Oil Futures (FCPOG2026) β€” Market Snapshot 🌴

πŸ“‰ Trend: Upward Momentum Building
β€ƒπŸš€ Weaken demand of Dalian vegetable oils.

🌏 Strong full year production to over 20 million tonnes.

πŸ“Š Technical Indicator: πŸ” Support & Resistance
β€ƒπŸ§­ Major resistance remains at 4,081 MYR/ton a crucial level to watch for a breakout.

πŸ’° Support: πŸ”Ή 3,975 MYR/ton
β€ƒπŸŽ― Traders watching for reversal signals around this zone for short-term entries.

πŸ“ˆ Open Interest: 83.61K contracts
 πŸͺ™ Indicates moderate participation β€” possible buildup before next move.

πŸ›’οΈ Future Type: Crude Palm Oil (FCPOG2026)
β€ƒπŸŒΎ Benchmark Malaysian palm oil futures traded on Bursa Malaysia Derivatives.

It’s a caution that the information provided is for knowledge purposes only and should not be taken as a recommendation to buy or sell assets.

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