FCPO
FCPO 3rd Month Futures - 5 Feb 2026
Thu, 05-Feb-2026 08:45 am
by Dealing Team • Apex Futures

FCPO
Pivot
4226
Resistance
4250 / 4270 / 4300 / 4340
Support
4220 / 4200 / 4160 / 4140
Possible Range
4180 to 4270
Strategy
Long positions may be opened above 4200 with targets at 4250/4270 stop-loss at 4180
Short positions may be opened below 4200 with targets at 4180/4170 stop-loss at 4230

FCPO Apr month up 12 points or 0.38% to closed at 4225 in previous session. Malaysian palm oil futures remained flat amid firm soybean oil while stronger ringgit capped further gains.

CBOT soyoil active trading contract rose 1.17 points at 55.66 on current session. Dalian active traded palm olein contract dropped 30 points to close at 9136 on previous night session.

The active FCPO contract posed uncertainty towards support zone around 4200 levels. The market has been flat for 2 days straight after a selloff on last Friday. An expectation of selling momentum was not seen as soybean oil (rival oil) continued to remained bullish. Selling sentiment has stalled and may see potential buyers emerging into the market again. If 4200 able to sustain, 4250 and 4300 may be re-tested in near term. Immediate support and resistant levels are identified at 4200 and 4250 respectively. Beware of any potential sentiment changes.

(News Source: Reuters)

Read more details in:

Disclaimer

The report is for internal and private circulation only and shall not be reproduced either in part or otherwise without the prior written consent of Apex Securities Berhad. The opinions and information contained herein are based on available data believed to be reliable. It is not to be construed as an offer, invitation or solicitation to buy or sell the securities covered by this report.

Opinions, estimates and projections in this report constitute the current judgment of the author. They do not necessarily reflect the opinion of Apex Securities Berhad and are subject to change without notice. Apex Securities Berhad has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Apex Securities Berhad does not warrant the accuracy of anything stated herein in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against Apex Securities Berhad. Apex Securities Berhad may from time to time have an interest in the company mentioned by this report. This report may not be reproduced, copied or circulated without the prior written approval of Apex Securities Berhad.

Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.918368 3.945933
EUR 4.642443 4.647936
CNY 0.566283 0.566897
HKD 0.501418 0.504963
SGD 3.081306 3.103266