FCPO
FCPO 3rd Month Futures - 20 October 2026
Tue, 20-Oct-2026 10:18 am
by Dealing Team • Apex Futures

FCPO
Pivot
4778
Resistance
4800 / 4820 / 4840 / 4855
Support
4785 / 4770 / 4755 / 4720
Possible Range
4750 to 4855
Strategy
Long positions may be opened above 4785 with targets at 4820/4855 stop-loss at 4770
Short positions may be opened below 4750 with targets at 4730/4715 stop-loss at 4770

FCPO Dec month up 31 points or 0.65% to closed at 4797 in the previous night session. Malaysian palm oil rebounded on supportive rival oils amid expectation on higher CPO exports in October.

CBOT soyoil active trading contract up 0.02 points at 66.71 on current session. Dalian active traded palm olein contract up 21 point or 0.22% to closed at 9520 on current session.

The active FCPO contract is validating the classic resistant turned to support signal. This was shown when the market is trading supportive around the 4756 price in the current Jan contract which was previously resisted in the Dec contract as the 3rd active month. This becomes a break up structure identifying based on continuous chart, creating the current sentiment to halt its downside, and proposing a supportive market in the near term. Upside target will be identified at 4800 – 4855. If the buying momentum persist above the said level, a confirmation on switch of trend to the upside will be shown, targeting 4900-4950 next. Immediate support and resistant levels are identified at 4785 and 4800 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 4.066848 4.098389
EUR 4.573345 4.576847
CNY 0.610768 0.611237
HKD 0.518416 0.521927
SGD 3.179278 3.200904