Malaysian prices— CPO futures posted an impressive RM201 or 4.77% gain on a…

Indonesian prices—Indonesia CPO tenders followed the same…

MPOB July—MPOB July data showed strong bullish data confirming market sentiment of tight supply after stocks plunged 7.30% to 1.496 million tons from the previous month snapping 4 successive months of rising higher. While production fell within market expectation, exports defied estimate data to decline by just 0.75%. The estimate was a fall between 4.20 to 7.71%. Higher exports to the E.U offset the decline to China and India. Shipment to the E.U rose by 43.90% to 213,139 tons—the highest in 30 months propelled by a solid rise in the shipment of laurics CPKO and oleo-chemicals. Inbound shipment to China slowed down after strong buying earlier in May and June to stock up for mid-autumn festival demand due in September. Malaysia CPO export fell for the second successive month declining by 10.37% in July after falling by 24.91% in June month-on-month basis largely on lower shipment to India. Production fell at the low end of market expectation shedding 5.17% after 4 successive monthly rises, dashing hopes of production catching up to last year. Jan-Jul production is down 8.91% to 9.887 million tons. Full production is projected to reach 18.50 million tons—the lowest in 5 years

Malaysia 1-10 August export tumble 13% —Malaysia’s first 10 days of export fell nearly 13% better than market expectation of minus…

Malaysia UCO export to the E.U rises 32% January-July 2021—Malaysia Used Cooking Oil export to the E.U rose…

Gemini Edibles & Fats IPO looms on Mumbai Stock Exchange—Singapore-listed Golden Agri Resources is planning to…

USDA August- U.S soybeans ending stocks left unchanged. Production, exports and crush lowered—U.S soybeans year-end stocks for 2021-22 was left…

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