FCPO
FCPO 3rd Month Futures - 28 October 2026
Wed, 28-Oct-2026 09:49 am
by Dealing Team • Apex Futures

FCPO
Pivot
4740
Resistance
4735 / 47350 / 4770 / 4800
Support
4700 / 4685 / 4640 / 4600
Possible Range
4680 to 4750
Strategy
Long positions may be opened above 4700 with targets at 4735/4750 stop-loss at 4675
Short positions may be opened below 4750 with targets at 4735/4720 stop-loss at 4765

FCPO Dec month up 11 points or 0.23% to closed at 4817 in the previous night session. Malaysian palm sell-off on technical play led by weak rival oils.

CBOT soyoil active trading contract down 0.60 points at 66.23 on current session. Dalian active traded palm olein contract down 27 point or 0.29% to closed at 9331 on current session.

The active FCPO contract performed a sell-off after breaking supports over supports at 4770 and 4755 respectively. Technically in short term, a break of structure is seen, providing selling momentum to hit 4682 low yesterday evening. Nevertheless, prices are currently finding the next support across the daily chart at 4700 to hold. Overall, a clear downtrend is not formed yet, in which sellers may be cautious and perform profit taking when the base support forms again, targeting 4700 – 4650 levels. A rebound to 4735 – 4750 is potential once profit taking drives in. Immediate support and resistant levels are identified at 4700 and 4750 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 4.072837 4.105410
EUR 4.553491 4.558058
CNY 0.613003 0.613635
HKD 0.519427 0.523070
SGD 3.179278 3.201684