FCPO
FCPO 3rd Month Futures - 9 September 2026
Wed, 09-Sep-2026 09:55 am
by Dealing Team • Apex Futures

FCPO
Pivot
4983
Resistance
4975 / 4985 / 5000 / 5010
Support
4940 / 4920 / 4900 / 4880
Possible Range
4940 to 5000
Strategy
Long positions may be opened above 4960 with targets at 4975/4985 stop-loss at 4945
Short positions may be opened below 4940 with targets at 4920/4900 stop-loss at 4960

FCPO Nov month down 27 points or 0.54% to closed at 4949 in the night session. Malaysian palm oil turned negative on technical double top play

CBOT soyoil active trading contract up 1.92 points at 71.07 on current session. Dalian active traded palm olein contract down down 85 points or 0.8% at 10336 on current session.

The active FCPO contract reversed sharply intraday as the double top is still valid. Short term long liquidation is seen, however, key support at 4940 still holds well temporary during the night session. Nevertheless, bias has slightly turned selling from a bullish sentiment, where profit taking is seen emerging. Immediate support and resistant levels are identified at 4940 and 4975 respectively. Beware of any potential sentiment changes.

(News Source: The Star, 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 4.048024 4.078329
EUR 4.715244 4.722339
CNY 0.605359 0.605680
HKD 0.516167 0.520051
SGD 3.197539 3.221693