FCPO
FCPO 3rd Month Futures - 2 September 2026
Wed, 02-Sep-2026 09:59 am
by Dealing Team • Apex Futures

FCPO
Pivot
4968
Resistance
4985 / 5000 / 5030 / 5080
Support
4695 / 4950 / 4930 / 4900
Possible Range
4950 to 5030
Strategy
Long positions may be opened above 4950 with targets at 5000/5030 stop-loss at 4930
Short positions may be opened below 4950 with targets at 4930/4900 stop-loss at 4980

FCPO Nov month rose 77 points or 1.57% to closed at 4971 in previous session. Malaysian palm oil rose sharply on strong rival oils along with bullish technical trend. 

CBOT soyoil active trading contract rose 1.54 points at 72.6 on previous session. Dalian active traded palm olein contract down 77 points or 0.75% at 10216 on current session.

The active FCPO contract has retested the 5000 price level once again. Nevertheless, traders are cautious around the double top resistant zone nearing to 5030, only to perform profit taking when the buying momentum tapers off. If the key intraday level at 4950 still holds well, a next push may hold market above 5000 steadily and potentially to break above 5030 to trigger the next buying momentum, targeting 5080-5100. Otherwise, the double top selling pressure may revert prices back to 4800 level. Immediate support and resistant levels are identified at 4950 and 5000 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 4.026456 4.052762
EUR 4.681764 4.684238
CNY 0.600545 0.600863
HKD 0.513517 0.516884
SGD 3.161845 3.182595