Category Archives: News

Fundamental palm oil data due next week (14—18 June) and expectations

  1.) Benchmark month switches to September 2021—Front-month contract June 2021 expires at… 2.) ITS Indonesia May export data—… 3.) ITS, Amspec and SGS Malaysia 1-15 June export—… 4.) SEA India May vegetable oil import data—Import of palm oil is expected to be … 5.) NOPA U.S soybean crush and soybean oil stocks for May—…

RECORD HIGH DOMESTIC CONSUMPTION & LOWER THAN EXPECTED PRODUCTION GAIN KEEPS THE LID ON STOCK RISE—MPOB

  A massive increase in domestic consumption and a lower than expected rise in output in May helped to suppress the surge in end-month stocks—MPOB May data showed. Domestic usage of edible oils doubled to 372,039 tons to reach a record high in May compared to the previous month helping to cap the rise in

31 May—4 Jun: Lower annual CPO production outlook, higher May stocks and rising SBO dominate CPO pricing dynamics

  31 May—4 Jun: Lower annual production outlook, higher May stocks, and higher SBO dominate CPO pricing dynamics Malaysian prices— CPO futures snapped to rise by RM27.80 to RM4038/ton or US$979 week-on-week average, after… Indonesian prices—PTPN tender prices headed… MPOB May Supply & Demand data – All poll surveys show a 3.40% rise in…Actual data