Malaysia’s mid-May export rose by 3.95% to 557,380 tons to the same time in April but the pace of rise slowed down from 1-10 period which notched a 10.03% increase. Strong rise in CPO shipment to…
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Palm futures ended the day lower after a brief recovery spurred by bargain buying in the second session. Futures were all… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
RBD palm olein premium over stearin narrowed to a two-month low at US$42/ton from US$58.75/ton a week earlier from a much… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
CPKO offers to Rotterdam fell last week with the prices in the last few weeks experiencing a seesaw in price movement amid slow buying momentum. Offers fell between US$15-30/ton to… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Local offers for CPKO saw a marginal rebound last week, with the weekly average rising 90 sen to RM239.40/picul or US$875/ton. Offers were seen in the range of RM238-241/picul, similar… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Palm oil inventories in Malaysia fell to 13-month low at the end of April, data from the Malaysian Palm Oil Board (MPOB) showed Wednesday. Stock levels in April fell by 10.54% from the previous month to 1.498 million mt and slumped into year-on-year deficit for the first time in 21 months bar May 2022 as
CPO futures slipped for the first time after rising for five consecutive sessions. The benchmark CPO contract settled 2.78% lower… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
Production looks to move either way again this month after industry estimates showed mixed expectations for April’s output; see below for estimates. April’s production has been harder to gauge owing to the Eid holidays and the variation in the length of holidays plantation workers have been given, thereby affecting the total number of working days.
Local offers for CPKO continued to fall last week though at a much smaller pace of RM 0.50 with the weekly… For more analysis please subscribe or get a free trial info@palmoilanalytics.com
CPKO offers to Rotterdam rebounded last week though they failed to reach the levels seen two weeks prior, with offers… For more analysis please subscribe or get a free trial info@palmoilanalytics.com