Offer prices edged up for the third week but at a much slower pace of US$5 except for the front month rising by US$38 to US$1035/ton. Overall… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Category Archives: News
Higher domestic use and reduced crush rate is projected to erase nearly 45,000 tons or 18% of January CPKO stocks leaving… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Palm futures booked strong gains for the second consecutive trading day coming from holiday yesterday, buoyed by expectation of limited palm export availability from Indonesia and… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
1.) 4-day trading week —Next week is another 4-day trading week with Bursa Malaysia closure on Monday 6 February in lieu of the Thaipusam festival. Normal trading resumes on Tuesday 7 February. 2.) Bloomberg & Reuters Malaysia’s January supply and demand estimates—Estimates will be released early next week with a focus on the extent
Fastmarkets announces the acquisition of Palm Oil Analytics, a Singapore-based provider of prices, data and news on palm oil and its derivative products. The acquisition expands Fastmarkets’ presence in agriculture, building on our recent acquisitions of AgriCensus in 2020 and The Jacobsen in 2021. The acquisition of Palm Oil Analytics allows Fastmarkets to accelerate plans to support trade and investment decisions
1.) Bursa Malaysia closed on Wednesday 1 February—Next week is a 4-day trading week with closure in the middle of the week Wednesday for the Malaysia public holiday of Federal Territory. There will be no night trading Tuesday 31 January. Normal trading resumes on Thursday 2 February with the market pricing in full month SPPOMA
Palm futures was on a bounce-back day ending the week with a net gain of 16 points in this short trading week. The most… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Futures crawled to finish marginally higher but failed to make any meaningful recovery after ditching… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Local prices edged lower by RM1.40 to settle at a weekly average of RM240/picul or US$920/ton converging to 50-day rolling… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
1.) Bursa Malaysia will be closed on 23 and 24 January 2023 for the Lunar New Year public holiday—Normal trading will resume on Wednesday 25 January with the market pricing in 1-25 January export performance. Expected to say in the red. 2.) ITS, Amspec, and SGS Malaysia 1-25 January 2023 exports—Exports are widely predicted to