FCPO
FCPO 3rd Month Futures - 11 May 2026
Mon, 11-May-2026 10:24 am
by Dealing Team • Apex Futures

FCPO
Pivot
4517
Resistance
4530 / 4550 / 4570 / 4600
Support
4500 / 4480 / 4460 / 4435
Possible Range
4460 to 4570
Strategy
Long positions may be opened above 4530 with targets at 4570/4600 stop-loss at 4490
Short positions may be opened below 4500 with targets at 4460/4435 stop-loss at 4525

FCPO July month down 43 points or 0.83% to closed at 4498 in previous
session. Malaysian palm oil remained week to close off negative through
the week, along with weak sentiment in rival oil last week.

CBOT soyoil active trading contract surged 0.73 points at 74.88 on
current session. Dalian active traded palm olein contract up 37 points or
0.38% at 9730 on current session.

The active FCPO contract bias remained weak given the strong bearish
candle on last Wednesday. Nevertheless, across the daily chart, strong
support level is seen around 4500 level, with second at 4400. Given this
state, an expectation of a rebound is probable as last Friday’s candle
shows a slowed selling momentum. A possible rebound to 4600 could be
seen to initiate a consolidation. Immediate support and resistant levels
are identified at 4500 and 4530 respectively. Beware of any potential
sentiment changes.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.905324 3.936906
EUR 4.612086 4.616980
CNY 0.576264 0.576882
HKD 0.499073 0.502597
SGD 3.081991 3.103819