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

FCPO
Pivot
4535
Resistance
4570 / 4600 / 4620 / 4650
Support
4550 / 4530 / 4515 / 4500
Possible Range
4530 to 4600
Strategy
Long positions may be opened above 4570 with targets at 4600/4620 stop-loss at 4505
Short positions may be opened below 4500 with targets at 4470/4450 stop-loss at 4520

FCPO July month down 11 points or 0.24% to closed at 4539 in previous session. Malaysian palm oil turned supportive as MPOA shows a decline of 7.37% in Malaysia’s production last month and implementation of B15 in June concurrent with ongoing war sentiment.

CBOT soyoil active trading contract up 0.01 points at 75.55 on current session. Dalian active traded palm olein contract up 79 points or 0.85% at 9363 on current session.

The active FCPO contract continued to support above the 4500 level. A consolidation range around 4500 – 4600 is still in progress, with bullish bias temporary. Overall direction is slowly turning upwards, although buyers and sellers are still seemed cautious. Able to hold above 4600 will create a better bullish candle in the daily chart to propose a short-term upward momentum later on. Immediate support and resistant levels are identified at 4530 and 4560 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 4.055433 4.088860
EUR 4.703299 4.709272
CNY 0.600108 0.600859
HKD 0.517722 0.521484
SGD 3.151640 3.174578