1.) ITS, Amspec and SGS – 1-30 November Malaysia export—full month pace of export rise is expected to see a…

2.) SPPOMA 1-30 November production—Production from SPPOMA members is likely to be scaled…

3.) MPOA 1-30 November Malaysia production— Production is forecast to see a…

4.) Indonesia December CPO reference price and export tax— Indonesia CPO reference price for December shipment is forecast to…

5.) UN FAO Food Price Index for November—The Global Vegetable Price Index is poised to reach another new high in November, potentially marking its fourth consecutive monthly increase, as soaring vegoils prices will continue to drive upward pressure on the index.  Marginally higher palm, rapeseed and bean oil will likely pull global veg oil reference price over the record high October reading of 184.84 points. CPO futures average monthly price inched up by just 0.45% in November from the previous month. October recorded a whopping 12.53% or US$131 rise from the previous month. Palm prices are expected to stay elevated until at least March 2022. Current high vegetable oil prices, however, may not be sustainable. Soy and palm prices are likely to retreat from record-high levels going into next year, amid expectations of higher global production estimates for all major edible oil crops.  Official data from the UN FAO is due on 4 Dec. Overall FAO Food Price Index for October peaked at a 10-year high.

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