FCPO
FCPO 3rd Month Futures - 28 May 2026
Thu, 28-May-2026 10:11 am
by Dealing Team • Apex Futures

FCPO
Pivot
4478
Resistance
4490 / 4520 / 4550 / 4570
Support
4400 / 4420 / 4450 / 4480
Possible Range
4480 to 4600
Strategy
Long positions may be opened above 4500 with targets at 4550/4570 stop-loss at 4479
Short positions may be opened below 4480 with targets at 4450/4420 stop-loss at 4505

FCPO July month up 24 points or 0.53% to closed at 4497 in previous
session. Malaysian palm oil remained flat as traders are mixed on the with
weak crude oil sentiment with Malaysia’s B15 biodiesel implementation
by 1st June 2026.

CBOT soyoil active trading contract up 0.87 points at 75.16 on current
session. Dalian active traded palm olein contract up 39 points or 0.41%
at 9547 on current session.

The active FCPO contract has shown a minor reversal, after 2 days of
forming doji candle around the support level 4400 – 4450 in the daily
chart. A potential rebound back to 4600 is marginally higher in near term,
but has yet to confirm if a strong buying momentum should arise for an
uptrend. Downside is limited temporary as 4400 still proved to be the
stronghold support temporary. Immediate support and resistant levels
are identified at 4450 and 4500 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 3.955678 3.983535
EUR 4.617050 4.621850
CNY 0.585177 0.585795
HKD 0.504786 0.508370
SGD 3.095618 3.117454