FCPO
FCPO 3rd Month Futures - 6 July 2026
Mon, 06-Jul-2026 10:26 am
by Dealing Team • Apex Futures

FCPO
Pivot
4494
Resistance
4490 / 4502 / 4515 / 4530
Support
4430 / 4440 / 4450 / 4460
Possible Range
4450 to 4520
Strategy
Long positions may be opened above 4570 with targets at 4500/4515 stop-loss at 4445
Short positions may be opened below 4480 with targets at 4440/4450 stop-loss at 4530

FCPO September futures down by 24 points, or 0.53% to settle at 4,483 in the previous session. Oil prices inched lower on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies.

CBOT soyoil's actively traded contract increase by 0.92 points to 66.47 in the current session. Dalian active traded palm olein contract increased 108 points or at 9255 on current session.

The active FCPO contract traded sideways to bearish during last week's session, reflecting mixed market sentiment. At the start of the week, the contract showed signs of renewed buying interest, with prices moving gradually higher during intraday trading, supported by improved sentiment in the global edible oil market. The contract continued to hold above the 4,500 level, indicating that buyers are gradually regaining control. Overall, today's trading session remains cautiously bullish, with further upside potential if buying momentum continues to strengthen.

Intraday resistance is currently seen around the 4,500-4530 range. Traders should remain alert to any changes in market sentiment. Immediate support and resistance levels are identified at 4,460 and 4,500, respectively.

(News Source: Reuters, CNBC)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.055849 4.088329
EUR 4.656215 4.661037
CNY 0.599726 0.600351
HKD 0.517395 0.521043
SGD 3.143106 3.165416