Malaysia’s first 10 days of June export fell 10.04% to 402,330 tons but noticeably better than… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Category Archives: News
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
MPOB May monthly data due tomorrow is anticipated to show higher than expected production rise tracking the MPOA data reported yesterday up by 7% compared to an estimated rise of 2.60-3.40% from the… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
CPO futures faced another round of heavy sell-off to the lowest in 31 days, pressured by weaker Malaysia 1-10 Jun exports expected to be… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Agri-commodity giant Cargill has announced that it is building a large-scale palm oil refinery in Indonesia, as part of an effort to assert more control over its palm oil supply chain and its sustainability claims. The US$200 million refinery, which… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
CPO futures traded lower at the start of the week down to a low of 3913 or minus 216 points before paring the… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
CPKO prices continued to tumble for the 4th week, erasing 1.88% to RM324.40/picul or US$1303/ton tracking the volatile… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
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
CPO market traded lower for most of the day paring two-thirds of the losses towards market close to minus… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Fundamental data due next week (7—11 June) and expectations 1.) Bursa Malaysia closure on Monday 7th June —Bursa Malaysia will be closed on Monday 7th June for Malaysia’s public holiday of the King’s birthday. Markets in Indonesia and Singapore are open as usual. Normal trading resumes on Tuesday 8th of June. Meanwhile, Dalian Exchange will