Category Archives: News

12—16 Jul: Slow rise in June stocks, lackluster gain in July production, depreciating Ringgit and soaring exports propel CPO futures

Malaysian prices— CPO futures traded higher for the third-week gaining… Indonesian prices—Indonesia CPO export price premium to Malaysia eased by a notch to… Indonesia June exports plunge —Export fell 49.44% to… Malaysia palm production slashed—USDA Foreign Agriculture Service (FAS) slashed Malaysia.. Higher RBD palm olein shipment drive exports in July—Malaysia first 10 days of July

India edible oil imports decline in June but to rebound strongly in July as shipments are deferred and prices cool

  India’s total edible oil imports fell 17% in June to 969,431 tons versus the same time last year according to India SEA latest data. Escalating palm product prices, widening lockdown measures curbing consumer demand, and deferment in shipment to July as traders take advantage of the reduction import tax—combined to weigh down on import

Indonesia palm oil end-month stock plummets to more than 2 year low in May

Indonesia’s palm oil end-month stock fell for the seventh successive month in May erasing 7.65% to 2.884 million tons compared to the previous month reaching the lowest in 26 months after exports rebounded rising by 12% to 2.952 million tons. Strong shipment of processed palm products, both liquids and fractions boosted the overall rise. In