FCPO
FCPO 3rd Month Futures - 21 October 2026
Wed, 21-Oct-2026 11:21 am
by Dealing Team • Apex Futures

FCPO
Pivot
4795
Resistance
4835 / 4855 / 4900 / 4920
Support
4820 / 4800 / 4785 / 4770
Possible Range
4800 to 4900
Strategy
Long positions may be opened above 4800 with targets at 4835/4855 stop-loss at 4770
Short positions may be opened below 4850 with targets at 4835/4820 stop-loss at 4865

FCPO Dec month up 18 points or 0.37% to closed at 4835 in the current session. Malaysian palm oil rebounded on strong exports for the 1st-20th October.

CBOT soyoil active trading contract up 0.18 points at 66.91 on current session. Dalian active traded palm olein contract up 123 point or 1.29% to closed at 9646 on current session.

The active FCPO contract consolidating upwards within 4785 - 4855 range. The immediate sentiment has shifted up after breaking above the 4756 level. A bullish momentum is expected to retest the 4855 strong resistant if the 4820 is able to hold for support. Breaking above the 4855 level, will trigger an uptrend in the near term, targeting 4900-4920 next. Intraday trading will still remain cautious as prices are trading in the middle range of the daily trend. Immediate support and resistant levels are identified at 4820 and 4850 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 4.065852 4.098389
EUR 4.575689 4.580317
CNY 0.611011 0.611626
HKD 0.518279 0.521913
SGD 3.181307 3.203767