FCPO
FCPO 3rd Month Futures - 8 October 2026
Thu, 08-Oct-2026 10:34 am
by Dealing Team • Apex Futures

FCPO
Pivot
4536
Resistance
4550 / 4575 / 4600 / 4620
Support
4530 / 4510 / 4500 / 4480
Possible Range
4530 to 4600
Strategy
Long positions may be opened above 4530 with targets at 4550/4600 stop-loss at 4510
Short positions may be opened below 4530 with targets at 4510/4500 stop-loss at 4545

FCPO Dec month rose 29 points or 0.64 to closed at 4553 in the previous night session. Malaysian palm oil recovered on technical rebound despite expectation on high 3.37million MT stocks by end September.

CBOT soyoil active trading contract down 0.17 points at 68.06 on current session. Dalian active traded palm olein contract down -1 point or 0.01% to closed at 9592 on current session.

The active FCPO contract gained buying momentum after breaking above the intraday resistant at 4550 from the expected strong support at 4500. This action created a bottoming formation and will forecast an upward correction in near term, targeting 4600 – 4650. Today’s sentiment will be guiding towards the upside, while still remain cautious. Possibly to find opportunity on retracement buying targeting 4550 – 4530 to support intraday. Immediate support and resistant levels are identified at 4575 and 4600 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 4.072348 4.102922
EUR 4.575710 4.578149
CNY 0.609322 0.609632
HKD 0.519129 0.522523
SGD 3.183470 3.204338