FCPO
FCPO 3rd Month Futures - 14 August 2026
Fri, 14-Aug-2026 10:41 am
by Dealing Team • Apex Futures

FCPO
Pivot
4705
Resistance
4715 / 4730 / 4745 / 4760
Support
4700 / 4685 / 4665 / 4650
Possible Range
4700 to 4750
Strategy
Long positions may be opened above 4720 with targets at 4730/4745 stop-loss at 4680
Short positions may be opened below 4700 with targets at 4665/4685 stop-loss at 4720

FCPO October month up 27 points or 0.57% to closed at 4724 in previous session. Oil settled down more than 2% on Thursday, reversing course after a week of gains, as investors focused on signs of weaker global demand and a sharp build in US crude inventories.

CBOT soyoil active trading contract down 0.31 points at 67.98 on current session. Dalian active traded palm olein contract up 27 points or at 9726 on current session.

The active FCPO contract traded sideways during this week's session, reflecting mixed market sentiment. For today, prices gradually moved lower during intraday trading, pressured by weaker global demand. However, the contract continued to hold above the 4700 level, indicating that the market remains supportive, particularly as today marks the final day of the retender session.

Intraday immediate resistance is seen at 4720-4730 area. A breakout above this zone could pave the way toward 4740 area. On the other hand, failure to maintain above 4710 may trigger a pullback toward 4700. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4700 and 4715, respectively. 

(News Source: CNBC, The Star)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.070951 4.101568
EUR 4.711480 4.714004
CNY 0.605526 0.605844
HKD 0.518993 0.522389
SGD 3.181358 3.202260