India’s sunflower oil import more than doubled to 461,458 tons in January from the usual monthly average of 160,000 tons as the world’s largest edible oil buyer… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Category Archives: News
Futures traded on both sides of the market but mostly stayed in the red on most contract months across the board, after… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Palm oil spread to gas oil stayed flat at an average of US$10 for 3 months from December 2022 to mid-February after moving between +/-US$100 as prices of both products—palm and gas oil converged to around US$900/ton during the same time. The POGO spread… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Palm futures had a little wobbly start to the week lacking firm direction but sentiments and data showing bloated… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Offer snapped to move lower after rising for 3 successive weeks with Feb-Jun delivery down by US$5-20 while… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Similar to CPKO, nearby offers for CCNO fell by US$5-10 while back months Jun-Aug edged up US$5. There were no trades heard for the third week in a row as prices eased very slowly and after… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
1.) Benchmark month shifts —Benchmark CPO futures contract month shifts from April to May 2023 on Thursday 16 February after… 2.) SPPOMA 1-10 & 1-15 February production—Expect production to stay… 3.) SEA India vegetable oil import for January—India palm oil import is projected to be… 5.) ABM Climate Model update—Main focus in this report will
Imports more than doubled in January to reach a 5 month high fueling a sharp rise in monthly stocks by 3.26% to 2.268 million tons and emerging much higher than expectation. Exports and production fell within market expectation. Production fell for the third successive month. A slower fall in production to exports also added to
With the foreign labour intake improving in most large plantations following the intake from October of lasty year, production will see a recovery meeting… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
CPO futures closed lower defying 3 straight days of rise from profit taking and positioning ahead of MPOB… For more analysis please subscribe or get a free trial info@palmoilanalytics.com