FCPO
FCPO 3rd Month Futures - 17 August 2026
Mon, 17-Aug-2026 10:15 am
by Dealing Team • Apex Futures

FCPO
Pivot
4816
Resistance
4820 / 4835 / 4850 / 4860
Support
4800 / 4785 / 4770 / 4765
Possible Range
4780 to 4860
Strategy
Long positions may be opened above 4820 with targets at 4835/4850 stop-loss at 4780
Short positions may be opened below 4800 with targets at 4770/4785 stop-loss at 4820

FCPO November futures down by 13 points, or 0.27% to settle at 4,807 in the previous session. Oil prices rose Friday after the U.S. said its naval blockade of Iranian ports could continue “indefinitely,” reigniting concerns over energy flows through the critical Strait of Hormuz.

CBOT soyoil's actively traded contract rised by 0.30 points to 69.13 in the current session. Dalian active traded palm olein contract up 48 points at 9815 on current session.

The active FCPO contract started the new week on a sideways yet supportive note, with prices holding above the 4800 level following the rollover to the new third-month contract, November. The market is expected to remain sideways in the near term, with buying interest providing support. Further upside could be seen if buying momentum strengthens.

The contract may continue testing the immediate resistance level at 4820, as the daily chart indicates sustained supportive momentum market sentiment. Immediate support and resistance levels are seen at 4800 and 4820, respectively. Traders should monitor buying momentum closely, as continued positive sentiment could reinforce the current supportive trend.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.043919 4.076373
EUR 4.705873 4.710720
CNY 0.602129 0.602748
HKD 0.515672 0.519308
SGD 3.170391 3.192764