FCPO
FCPO 3rd Month Futures - 9 Jan 2026
Fri, 09-Jan-2026 08:51 am
by Dealing Team • Apex Futures

FCPO
Pivot
4051
Resistance
4060 / 4080 / 4100 / 4150
Support
4030 / 4020 / 4000 / 3990
Possible Range
4020 to 4100
Strategy
Long positions may be opened above 4030 with targets at 4060/4080 stop-loss at 3980
Short positions may be opened below 4020 with targets at 3990/3960 stop-loss at 4040

FCPO Mar month rose 9 points or 0.22 % to closed at 4042. Malaysian palm oil futures reversed from the high as uncertainty in rival oils in earlier sessions pressured prices.

CBOT soyoil active traded contract rose 0.24 points to close at 49.51 on previous session. Dalian’s market contract traded flat to close at 8612 on previous session.

The actively traded FCPO contract sentiment turned weak, retraces approximately 50 points averagely. Price has to hold above 4050 as the first signal to the upside to test 4100 and 4200 may be at sight when momentum pushes. While 4000 is expected to be a strong support level, the immediate support now has lifted to 4030 temporarily. A reverse to the downside may seem unlikely, but if the market reverses sharply to breaks below 3980, a downside risk to 3950-3900 is visible. Immediate support and resistant levels are identified at 4030 and 4060 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 4.048223 4.080505
EUR 4.740271 4.749917
CNY 0.581709 0.582305
HKD 0.519440 0.523616
SGD 3.151531 3.177169