CPO futures traded higher for most of the day today but gave up most of the gains towards market close as the bearish sentiment of… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Category Archives: News
Indonesia confirmed changes to the levy structure yesterday reducing the top rate of the levy from US$255 down to US$175. The effective date of the change has not been confirmed but is expected to be implemented for… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Palm futures were under pressure from the opening despite positive signals from higher bean oil close on CBOT and higher trade on Dalian and rising crude oil prices. Futures… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
After weeks of speculation, Indonesia confirmed its palm oil export levy top rate will be reduced to US$175/ton from US$255 previously. Finance Minister Sri Mulyani Indrawati said. There are no changes expected to the export tax. The decree is yet to be issued where the effective date will be published accordingly. Other changes which we
There was no let-up in the decline of Rotterdam CPKO prices after offers tumbled for the third week in a row erasing US$10-60, with spot-month Jun-Jul down US$60 to US$1370/ton. Back… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Low CPO futures and palm cash market prices prompted some covering helping to reverse the losses in the… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
1.) ITS, Amspec, and SGS Malaysia 1-20 & 1-25 June export—Export data will determine the direction of trade… 2.) SPPOMA June 1-20 June production—Production should continue… 3.) MPOA Malaysia 1-20 June production—This will be keenly watched data to assess the impact on end-month stocks… 5.) Indonesia June export tax decision—Indonesia’s tax rate is likely to
Malaysia retained its CPO export tax at the highest band for the seventh month straight to July after the calculated reference… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Futures was unable to sustain the gains made at mid-day falling from +40 down to… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Indonesia Jan-Apr 2021 biodiesel consumption is trending 4.14% lower at 2.786 million kiloliters versus the… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com