FCPO
FCPO 3rd Month Futures - 10 September 2026
Thu, 10-Sep-2026 10:09 am
by Dealing Team • Apex Futures

FCPO
Pivot
4946
Resistance
4950 / 4975 / 4985 / 5000
Support
4920 / 4900 / 4880 / 4860
Possible Range
4940 to 5000
Strategy
Long positions may be opened above 4930 with targets at 4950/4970 stop-loss at 4905
Short positions may be opened below 4970 with targets at 4950/4930 stop-loss at 4990

FCPO Nov month down 38 points or 0.76% to closed at 4949 in the night session. Malaysian palm oil turned negative on technical double top play along with expectation on negative MPOB report releasing today.

CBOT soyoil active trading contract down 0.14 points at 70.96 on current session. Dalian active traded palm olein contract down 157 points or 1.49% at 10149 on current session.

The active FCPO contract continued to reverse sharply intraday as the double top is still valid. Short term long liquidation is seen to target the 4900 level. Bias has turned selling after 2 nights of selling is shown. Nevertheless, trend has not shifted to the downside yet. In other words, a temporary retracement could revert back to buying potential. Price range around 4900-4880 remained as a crucial support zone to keep the uptrend intact. Immediate support and resistant levels are identified at 4900 and 4950 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 4.053949 4.086353
EUR 4.728418 4.733216
CNY 0.606578 0.607189
HKD 0.517165 0.520800
SGD 3.206074 3.228639