FCPO
FCPO 3rd Month Futures - 29 October 2026
Thu, 29-Oct-2026 10:01 am
by Dealing Team • Apex Futures

FCPO
Pivot
4701
Resistance
4685 / 4700 / 4735 / 4750
Support
4650 / 4620 / 4600 / 4580
Possible Range
4600 to 4700
Strategy
Long positions may be opened above 4685 with targets at 4700/4735 stop-loss at 4670
Short positions may be opened below 4670 with targets at 4650/4620 stop-loss at 4685

FCPO Dec month down 18 points or 0.02% to closed at 4667 in the previous night session. Malaysian palm continues sell-off on technical play led by weak rival oils.

CBOT soyoil active trading contract down 0.44 points at 65.12 on current session. Dalian active traded palm olein contract down 141 point or 1.51% to closed at 9171 on current session.

The active FCPO contract is trading on weak sentiment. Technically in short term, a break of structure is seen after previous day trading below 4755 level, providing more selling momentum upon breaking to new low at 4649 yesterday night. The pressure hasn’t stop and buyers have to be cautious on buying as a potential to hit 4600 is still in sight for a stronger support. May expect further consolidation before the real profit taking comes in. Immediate support and resistant levels are identified at 4650 and 4685respectively. 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 4.060894 4.093374
EUR 4.534187 4.538781
CNY 0.611365 0.611983
HKD 0.517846 0.521482
SGD 3.168276 3.190617