FCPO
FCPO 3rd Month Futures - 8 October 2026
Fri, 09-Oct-2026 10:49 am
by Dealing Team • Apex Futures

FCPO
Pivot
4588
Resistance
4700 / 4730 / 4750 / 4800
Support
4680 / 4660 / 4630 / 4600
Possible Range
4660 to 4800
Strategy
Long positions may be opened above 4660 with targets at 4700/4750 stop-loss at 4630
Short positions may be opened below 4660 with targets at 4630/4600 stop-loss at 4680

FCPO Dec month rose 43 points or 0.92 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 up 0.38 points at 68.76 on current session. Dalian active traded palm olein contract surge 182 point or 1.90% to closed at 9746 on current session.

The active FCPO contract buying momentum persisted after breaking 4600. In the daily chart, a strong bullish engulfing candle has closed indicating another day of buying today. An expectation target of 4750 -4800 is very likely as selling signal are voided in the short term. Nevertheless, long positions are to be cautious given that nearing the 4800 level would be approximately 50% retracement. Immediate support and resistant levels are identified at 4680 and 4730 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 4.076144 4.108890
EUR 4.572847 4.577631
CNY 0.609900 0.610534
HKD 0.519600 0.523264
SGD 3.180059 3.202598