Indonesia export tax and levy rate on crude and refined products are set to rise to the highest level in February after the calculated reference price seen surpassing… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Category Archives: Archived
CPO Futures raced to the bottom wiping off 65 points from the benchmark month completing the second successive day of hefty losses and erasing RM522 or US$129 in the last 8 days from CPO Futures active month. For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Exports improved in the last 5 days ending 20th January rising by over 200,000 tons but it was not sufficient to surpass the volume reached in the previous month first 20 days, resulting in overall exports… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
RBD palm stearin and olein prices eased last week declining by US$27.50 and US$37.50 respectively, erasing palm olein premium… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
CPO Futures had one of the worst weeks in 11 months erasing nearly 400 points on the benchmark month, wiping out all of the gains from 3 weeks. Last day… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Indonesia’s leading state energy company Pertamina which controls a huge portion of Indonesia’s downstream fuels market has begun trials on B100 biodiesel and jet fuel at its recently-upgraded Cilacap oil refinery. Unlike the current B30 mandate that uses fatty acid methyl ester (FAME) or the planned B40 that
India’s veg oil imports rose 22.60% in December from the previous month reaching the highest in 4 months, or 20% higher from the same time last year propelled by a jump in CPO imports. Higher… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
CPO Futures faced a bloodbath with a sizeable drop bringing prices down to 3 weeks low after 1-15 Jan export was heard plunging to over 40% versus 1-15 Dec. Last day… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
MPOB data showed stocks down but not as low as the market expected after imports rose to compensate for the production losses. While production fall was within expectation. Exports did better than expected with CPO rising to over 700K tons or up 93% from November. For more analysis please subscribe or get a free trial,
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