FCPO
FCPO 3rd Month Futures - 17 September 2026
Thu, 17-Sep-2026 09:53 am
by Dealing Team • Apex Futures

FCPO
Pivot
4986
Resistance
5010 / 5030 / 5060 / 5090
Support
4990 / 4970 / 4950 / 4930
Possible Range
4950 to 5060
Strategy
Long positions may be opened above 4990 with targets at 5010/5030 stop-loss at 4970
Short positions may be opened below 4965 with targets at 4950/4930 stop-loss at 4990

FCPO Dec month up 67 points or 0.8% to closed at 4998 in the previous session. Malaysian palm oil rebounded on Tuesday despite an estimate of weak export figure of about 25% down for the first fifteen days of September.

CBOT soyoil active trading contract down 0.30 points at 69.71on current session. Dalian active traded palm olein contract up 34 points or 0.34% at 10100 on current session.

The active FCPO contract will be trading December contract today onwards. In the continuous chart, price will show a gap up from the November contract, which will create a bullish bias through that view. Intraday movement on previous session is showing support at 4970-4990 level for December contract. Nevertheless, while the 5000 mark still posed a strong resistant point, traders are still cautious, with expectation that 5031 high of November will become the resistant level when switching to December contract today. Immediate support and resistant levels are identified at 4990 and 5010 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 4.071829 4.100395
EUR 4.715419 4.720186
CNY 0.608798 0.609416
HKD 0.519063 0.522709
SGD 3.197837 3.220412