MARKET REPORT
CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA)
| Month | Last | Previous | Change | High | Low |
| Sep’14 | 2020 | 2055 | -35 | 2063 | 2020 |
| Oct’14 | 1987 | 2036 | -49 | 2042 | 1985 |
| Nov’14 | 2000 | 2039 | -39 | 2044 | 1989 |
| Dec’14 | 2019 | 2059 | -40 | 2063 | 2014 |
| Volume | 48181 | ||||
Something is not so right in the CPO market as it continues to leach prices for 2 consecutive conventionally profit taking Fridays and this time with 39 points lower as sentiments continue to take a battering towards closing with a massive selldown. Volumes were heavy at 48181 lots.
PHYSICAL MARKET PRICES FOR REFINED OILS & FATS
| PRODUCTS | Sep’14 | Oct’14 | OND’14 | JFM’15 | AMJ’15 |
| RBD PALM OLEIN | 680 | 665 | 665 | 680 | 690 |
| RBD PALM OIL | 677.5 | 662.5 | 662.5 | 677.5 | 687.5 |
| RBD PALM STEARIN | 660 | ||||
| PALM FATTY ACID DISTILLATES | 650 | ||||
| CRUDE PALM OIL (M$) | 2040 | ||||
| CRUDE PALM KERNEL OIL (M$) PER PICUL | 161
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| RBD PALM KERNEL OIL | 950 | ||||
| RBD PALM KERNEL OLEIN | 850 | ||||
| RBD PALM KERNEL STEARIN | 1150 | ||||
| INDONESIAN CRUDE PALM OIL | Na | Na | 645 | 670 |
The physical palm oil market was heavily traded today as olein attracted strong covering the whole day probably because it was a Friday and then when prices eased lower in the afternoon. It was just plain attractiveness of the lower levels that drew buyers in. Products all lost US$10.
agropost 