FCPO
FCPO 3rd Month Futures - 13 July 2026
Mon, 13-Jul-2026 10:30 am
by Dealing Team • Apex Futures

FCPO
Pivot
4544
Resistance
4520 / 4540 / 4575 / 4600
Support
4440 / 4460 / 4480 / 4500
Possible Range
4500 to 4600
Strategy
Long positions may be opened above 4500 with targets at 4540/4575 stop-loss at 4515
Short positions may be opened below 4490 with targets at 4460/4460 stop-loss at 4550

FCPO September futures declined by 83 points, or 1.81%, to settle at 4,511 in the previous session. Oil prices jumped on Monday as Iran expanded strikes on Gulf states following attacks by the United States, threatening energy shipments via the Strait of Hormuz.

CBOT soyoil active trading contract up 0.31 points at 68.95 on current session. Dalian active traded palm olein losses 12 points or at 9271 on current session.

The active FCPO contract traded sideways throughout last week's session, reflecting mixed market sentiment. At the start of the week, the contract showed signs of renewed buying interest, supported by positive sentiment surrounding global geopolitical tensions. If the contract continues to hold above the 4,550 level, it would indicate that buyers are gradually regaining control of the market. Overall, today's trading session is expected to remain cautiously bullish and supportive, with further upside potential if buying momentum continues to strengthen.

Intraday resistance is currently seen around the 4,530–4,550 range. Traders should remain alert to any changes in market sentiment. Immediate support and resistance levels are identified at 4,500 and 4,525, respectively.

(News Source: Reuters)

Read more details in:

Disclaimer

The report is for internal and private circulation only and shall not be reproduced either in part or otherwise without the prior written consent of Apex Securities Berhad. The opinions and information contained herein are based on available data believed to be reliable. It is not to be construed as an offer, invitation or solicitation to buy or sell the securities covered by this report.

Opinions, estimates and projections in this report constitute the current judgment of the author. They do not necessarily reflect the opinion of Apex Securities Berhad and are subject to change without notice. Apex Securities Berhad has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Apex Securities Berhad does not warrant the accuracy of anything stated herein in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against Apex Securities Berhad. Apex Securities Berhad may from time to time have an interest in the company mentioned by this report. This report may not be reproduced, copied or circulated without the prior written approval of Apex Securities Berhad.

Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.055899 4.084367
EUR 4.648401 4.653222
CNY 0.600003 0.600626
HKD 0.517371 0.521010
SGD 3.141076 3.163219