Palm oil data due in week 14—18 February and expectations
ITS, Amspec and SGS 1-15 February Malaysia export—Monday trading will be driven by… Actual data is due on Tuesday 15 February.
Malaysia March CPO reference price and export tax—CPO export tax is very likely to stay….
SPPOMA 1-15 Feb Malaysia production—Production is expected to stay in the….
SEA India vegetable oil import for Jan—India vegetable oil imports are expected to see a….
ITS Indonesia January palm oil export—January exports are on course to….
NOPA January soybean crush rate and soybean oil stock—…
CPO futures benchmark switches to May 2022. Front-month Feb-2022 expires at mid-day Tuesday 15th of February and the most active contract switches to May 2022 on Wednesday. The main focus with the switch will be on the spread between months. Front-month premium to the third month widened to RM240 yesterday and today from RM100 earlier in the week. Forward months are trading lower to the front-month reflecting market outlook of easing supply in the months ahead. August-2022 was at RM4942/ton at mid-day close or RM619 or 11% lower than the most active month.
ABM Climate Model Summary update – The next Climate Model Summary update is likely to… The next update is on 14 February 2022. Available here: Climate Model Summary
