FCPO
FCPO 3rd Month Futures - 29 September 2026
Tue, 29-Sep-2026 09:58 am
by Dealing Team • Apex Futures

FCPO
Pivot
4685
Resistance
4660 / 4675 / 4700 / 4740
Support
4625 / 4600 / 4570 / 4540
Possible Range
4600 to 4700
Strategy
Long positions may be opened above 4660 with targets at 4700/4740 stop-loss at 4639
Short positions may be opened below 4640 with targets at 4625/4600 stop-loss at 4660

FCPO Dec month down 15 points or 0.32 to closed at 4649 in the previous night session. Malaysian palm oil continues to close weak on view of higher stock levels by end of the month along with weak technical chart and volatile crude oil.

CBOT soyoil active trading contract up 0.34 points at 68.38 on current session. Dalian active traded palm olein contract down 60 points or 0.62% at 9614 on current session.

The active FCPO contract was still pressuring downwards, though momentum is getting slower. In the daily chart, 4570 - 4600 will be one of the strong support zone, given its previous break up price. May able to expect a slow buying to emerge after long liquidation has ended. Previous night intraday closing posed a possibility of a potential reversal to correct back up, with its strong pullback action after breaking a new low. The view of upward correction is targeted at 4675 – 4710, with potential to 4740 if momentum picks up. Immediate support and resistant levels are identified at 4660 and 4685 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 4.066846 4.098389
EUR 4.642019 4.645551
CNY 0.607873 0.608337
HKD 0.518664 0.522176
SGD 3.182150 3.203807