Current Price
4,094MYR/MT
▲ +28 (+0.69%)
1M Price Target
4,120MYR/MT
+2.3% upside
Market Sentiment
Bullish
45% bulls · 30% neutral · 25% bears
Confidence Score
78%
High reliability
Trader's Playbook
Actionable strategies by timeframe
Risk management: Never risk more than 2% of capital per trade. Always set stop loss before entry.
Technical Indicators
FCPO 3rd Month contract
Overall Signal
BUY
Signal Strength · 75%
4 of 6 indicators bullish. Key support at 4,000, resistance at 4,100.
| RSI (14) | 62.3 | Neutral |
| MACD | +45.2 | Buy |
| Stochastic | 71.5 | Overbought |
| SMA (50) | 4,025 | Buy |
| EMA (20) | 4,045 | Buy |
| Bollinger | Upper | Sell |
| ADX | 38.2 | Strong Trend |
| VWAP | 4,038 | Buy |
| HVL | 4,050 | Resistance |
| Gaps | Filled | Neutral |
FCPO Price Forecast & Trade Flows
12-month history + 9-month forecast with global trade balance
Scenario Modeller
Select factors to see impact on forecast price & trade balance
▲ Bullish Factors
Strong India Demand
Increased imports driving global demand
+RM 1412.8 MMT
Biodiesel Mandates
Government policies boosting palm oil demand
+RM 1131.2 MMT
Rising Crude Oil
Higher energy costs supporting veg oils
+RM 153—
Weak MYR
Currency depreciation boosting exports
+RM 121—
Inventory Drawdown
Declining stockpiles supporting price floor
+RM 1010.8 MMT
▼ Bearish Factors
Soybean Competition
Large harvest pressuring prices globally
−RM 1132.5 MMT
China Slowdown
Weak growth reducing industrial demand
−RM 1412.3 MMT
Indonesia Export Tax
Policy change increasing global supply
−RM 1613.2 MMT
Strong USD
Dollar strength making imports pricier
−RM 81—
Recession Fears
Global economic concerns dampening demand
−RM 1211.5 MMT
Market Sentiment
Analyst consensus & market positioning
Bulls
45%
Neutral
30%
Bears
25%
Majority of analysts expect prices to rise in Q3, driven by strong demand from India and China alongside supply constraints in Malaysia and Indonesia.
Price Targets & Outlook
Analyst consensus forecast
1 Month
4,120
+2.3%
High
3 Months
4,280
+6.3%
Medium
6 Months
4,450
+10.5%
Medium
12 Months
4,650
+15.5%
Low
Weather Events
El Niño conditions could reduce production by 10–15% in major growing regions
Currency Volatility
Rapid MYR appreciation could reduce competitiveness of Malaysian exports
Trade Restrictions
Potential export bans from major producers could disrupt global supply chains