Category Archives: Archived

CPO FUTURES END THE WEEK ON A TEPID NOTE AFTER A ROARING START TO THE YEAR

CPO Futures was trading on the same dynamics from the first session—from higher to side-ways then to lower but closing above the support level of 3800 on the benchmark month after trading to low of 3788. Trading pace… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com

CPO SNAP TO CLOSE LOWER AFTER 6 DAYS OF GAIN ON PROFIT TAKING & ADJUSTMENT TO EASE CASH PRICES

  CPO Futures snapped to close lower after six straight days of gain with benchmark Mar plunging 77 points to support level 3800 before regaining to close at 3817. Profit-taking and… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com

2020 prices—best in 3 years but 2021 prices are seen higher on supply deficit in edible oil complex

  CPO Futures ended 2020 at an average price of RM2700/ton (US$643)on the most active month contract, or RM452 higher than the previous year average, and posted the best performance in… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com  

Malaysia production lackluster for the second month in October

Malaysia CPO production declined by 7.59% in the first 20 days of October compared to the same time previous month weighed down by shrinking output from peninsular Malaysia (-10.18%) for the fourth successive month and a large fall from the state of Sarawak (-8.38%). Output from the largest CPO producing state Sabah edged down 1.11%

India edible oil stocks improve as usage rise in September

Palm oil data - India edible oil stocks - Oct

India vegetable oils import fell in September month-on-month by 20.19% to 1.044 million tons due to higher prices and as refiners work through to clear the backlog of high imports from the previous 2 months when inbound shipment notched 11 months high in July—India Solvent Extractors Association data showed. Indian vegetable oil imports are trending

CCNO CIF Rotterdam—Higher offers, intense trading and widening spread

Palm Oil Analytics - Philippines CNO export Jan-Sept

CCNO offer prices moved up US$ 30-50 last week sparked by rising buying interest, particularly for Dec-Jan coverage. There were a total of 5 trades heard concluded at an average value of US$ 1076/ton. In contrast to CPKO, CCNO traded at around US$ 5 below the asking price. CCNO weekly average prices rose the most

CPKO MPOB: Higher prices, stronger exports and thinner stocks

Palm oil price - Local CPKO traded prices

CPKO local prices locked in another week of rising to RM 4 to RM 193.40/picul or US$ 772/ton week-on-week average, tracking the modest gains on CPO Futures. Local CPKO traded between RM 189-195/picul staying within the 50 days rolling average trend. Prices failed to test the high of RM 210/picul as we predicted after the