⚠️ Education & analysis only, not investment advice. Cross-market relationships are context, not signals. Leveraged futures trading is high-risk — you can lose more than your capital.
Cross-Market
FCPO vs Global Markets
Palm oil doesn't move alone. Here's FCPO next to the markets that drive it — soybean oil, crude, Brent, soybeans, Dalian palm olein and the dollar — plus the BOPO spread veterans watch.
BOPO Spread — Soybean Oil minus Palm Oil
$344.45 / tonne
Soybean oil ≈ $1,450.64/t · FCPO ≈ $1,106.19/t (at USD/MYR 4.13). A wider spread = palm is relatively cheaper vs soy oil.
FCPO (Bursa Malaysia)
▲ 1.40%RM 4,573 / tonne
The contract you trade. As of 2026-06-19.
Soybean Oil (CBOT)
▼ 8.02%65.8 ¢/lb
Palm oil's main substitute — they track each other. The spread is the key signal.
Crude Oil (WTI)
▲ 0.91%76.54 USD/bbl
Biodiesel link — stronger crude supports palm via energy demand.
Brent Crude
▲ 0.90%80.57 USD/bbl
Global oil benchmark — drives biodiesel economics.
Soybeans (CBOT)
▼ 0.57%1,142.75 ¢/bu
Upstream of soybean-oil supply (the crush).
Dalian Palm Olein (DCE)
—— CNY/t
China's palm demand signal — only on TradingView, not FMP.
US Dollar Index
▼ 0.05%100.76 level
Palm trades vs USD & MYR — dollar strength matters.
Data source: Live data synced from TradingView (via VPS).