Offers inched lower across the delivery months but there was only one trade heard concluded, finalized for… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Category Archives: News
CPKO stocks rose by 12.35% as at end of Feb to 274,900 tons – the highest since Oct 2020 after… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Palm reversed its earlier losses in the day and snapped 3 straight days of losses to end higher by over half a… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
El Niño and its impact on production—sentiment and actual—Forecast of severe drought to hit key oil palm areas from the second half of the year will see output from Malaysia and Indonesia be badly affected in 2024. However, prices will start to react to the El Niño weather events from June of this year based
Malaysia’s palm production is poised for the fourth successive monthly decline in February down to 12 month low after the average poll numbers show a decline of 9% to 1.257 million tons compared to January. Intense rainfalls particularly in the southern peninsular of Malaysia and the eastern state of Sabah delayed harvest and reduced crop
Futures fell lower. erasing all of the gains from yesterday and more, descending to a week-low mirroring… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Indonesia CPO reference price for the period 1-16 March was set at US$889.77/ton or up US$9.74 from the previous period of 16-28 February following a hike in the weighted average of 3 main price series used to calculate the levels…
Malaysia’s used cooking oil (UCO) export is likely to rise by 15% to around… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
A noticeable increase in the number of trades was heard last week with 5 deals concluded compared to 3 to none in the last 5 weeks. Most deals were done for Mar-Apr delivery at… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
1.) SPPOMA 1-25 and 1-28 February production—Production is widely expected to remain… 2.) ITS, Amspec and SGS Malaysia 1-25 and 1-28 February exports—Exports are set for a strong… 3.) UN FAO Food Price Index for February—Food prices are likely to show another month of… 4.) MPOA Malaysia 1-28 February production—Malaysia full month production is