FCPO
FCPO 3rd Month Futures - 22 June 2026
Mon, 22-Jun-2026 09:37 am
by Dealing Team • Apex Futures

FCPO
Pivot
4610
Resistance
4670 / 4700 / 4720 / 4770
Support
4635 / 4620 / 4600 / 4560
Possible Range
4600 to 4700
Strategy
Long positions may be opened above 4600 with targets at 4640/4670 stop-loss at 4580
Short positions may be opened below 4600 with targets at 4580/4560 stop-loss at 4620

FCPO July month up 73 points or 1.60% to closed at 4646 in previous session. Malaysian palm oil’s buying interest arises as B50 implementation in Indonesia by July ticking closer.

CBOT soyoil active trading contract up 0.30 points at 66.11 on current session. Dalian active traded palm olein contract up 45 points or 0.48% at 9364 on current session.

The active FCPO contract has been pushing up for 3 consecutive days. The consolidation range around 4500 – 4600 has seemed to be broken, and has set a new support level at 4600-4630 range. Overall sentiment has turned supportive to bullish in near term. A potential retest to the 4700 crucial resistant may show as the daily candle still suggests strong buying momentum without any signs of reversal yet. A breakthrough of 4700 will create a break of structure to initiate an uptrend bias, targeting 4800 next. Immediate support and resistant levels are identified at 4600 and 4670 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 4.121653 4.154557
EUR 4.739460 4.744278
CNY 0.609096 0.609714
HKD 0.526044 0.529732
SGD 3.193627 3.216099