A faster rise in soybean oil on CBOT to rival substitute palm on Bursa Malaysia widened the tropical oil discount to bean oil to US$143.60/ton, the highest in 15 months. Soybean oil notched… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Category Archives: News
Another volatile day on CPO Futures moving from negative to positive between a high of 3292 or up 50 points and then plunging down to low of 46 points at 3196 on the.. For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Malaysia’s first 25 days of January export fell 36% to 851,730 tons according to ITS data, compared to the same time in December, though showed… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Peninsular Malaysia production is showing signs of improvement after SPPOMA data from 1-20 January and 1-25 January showed a slower decline in output by 16.86% and 15.60% respectively compared… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
CPO Futures was highly volatile today pulled down by weaker Jan export but cushioned by… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
RBD palm olein premium to olein eased for the third week in a row to US$7 after olein weekly prices fell at a faster pace of US$52 compared to stearin, down by US$46.50. Olein prices fell… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
CCNO offers fell for the second week in a row, erasing US$60-80 from front to the back months, while the number of trades heard were fewer at just 2 compared the previous week of… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
CPKO offers fell by a sharp US$80-100 week-on-week prompting an increasing number of trades to take place. A total of 9 trades were heard concluded with… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Local CPKO prices plunged by a hefty RM29 to a weekly average of RM300/picul or US$1226/ton tracking the sharp fall in… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Malaysian prices— CPO Futures plunged by a sharp RM347 week-on-week average, settling at RM3280/ton (US$812) after Futures closed mixed during the week but was broadly on bearish sentiment. Weak Malaysia Jan export demand tumbling by a hefty 40% in the first 20 days versus the same time in Dec and a sharp fall in