FCPO
FCPO 3rd Month Futures - 14 October 2026
Wed, 14-Oct-2026 10:55 am
by Dealing Team • Apex Futures

FCPO
Pivot
4707
Resistance
4740 / 4760 / 4800 / 4850
Support
4690 / 4660 / 4640 / 4600
Possible Range
4690 to 4800
Strategy
Long positions may be opened above 4700 with targets at 4740/4760 stop-loss at 4680
Short positions may be opened below 4690 with targets at 4660/4640 stop-loss at 4710

FCPO Dec month surge  51 points or 1.09% to closed at 4734 in the previous night session. Malaysian palm oil has digested the MPOB report of 3.51million MT stocks and rebounded amid strong crude oil as tension between Iran-back Houthis and Saudi Arabia grows. 

CBOT soyoil active trading contract up 0.14 points at 68.16 on current session. Dalian active traded palm olein contract up 123 point or 1.28% to closed at 9762 on current session.

The active FCPO contract has break away from its consolidation zone at 4600 - 4650. This price action creates a bullish sentiment. Currently, 4700 needs to hold firm for prices to continue is buying momentum. In the daily chart, a hammer has formed at the low end, indicating a potential strong recovery might take place intraday, targeting 4800 – 4850. The candle closed yesterday invalidates the selling pressure to direct an upward push in the short term. Immediate support and resistant levels are identified at 4700 and 4740 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 4.069839 4.102406
EUR 4.565941 4.570576
CNY 0.610047 0.610667
HKD 0.518806 0.522452
SGD 3.181023 3.203445