CPKO prices fell for the fourth week after trading mixed last week, easing by RM3 to RM288.60/picul or US$1188/ton. CPKO trades were between… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Category Archives: News
A strong finish on Dalian, a solid increase in 1-5 Feb exports and buying momentum propelled CPO Futures to finish sharply higher for the second consecutive day, but it was not enough… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
GAPKI full-year data released yesterday showed CPO production for the year 2020 was almost unchanged at 47.034 million tons compared to 47.180 million in 2019. Production rebounded strongly in the… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
It was a day of rebound but not a full recovery. Futures rebounded from the hefty sell-off… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Ahead of MPOB data, CIMB and Bloomberg survey estimate point to a diverging consensus on January end-month stocks with… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Malaysia’s January exports are expected to fall 30-35% from the December month high base to 1.137 to 1.056 million tons after shipment… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
CPO Futures tumbled from a 10 year high of RM3877 (US$958) at the start of the year down to RM3319 (US$819) at market close today, erasing RM558 or 14% in the space of slightly over a month. Plunge in Malaysian… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
CPO Futures ditched 162 points to close at 3229 on the benchmark month continuing to reflect huge volatility since Jan… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
Malaysia CPO production is set for fourth successive monthly decline with January output seen down 12 to 15% to… For more analysis please subscribe or get a free trial, info@palmoilanalytics.com
As expected the Indian government revised the import duty structure on CPO by slashing the tariff from 27.50% to 15% but introduced a new levy called Agriculture Infrastructure and Development Cess (AIDC) at 17.50%, making the total tariff at 32.50% and with the addition of 10%… For more analysis please subscribe or get a