MARKET REPORT

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month	Last	Open	Change	High	Low
Dec’18	na	na	na	na	na
Jan’19	1910	1910	-6	1912	1901
Feb’19	1994	2000	-4	2001	1985
Mar’19	2077	2082	-7	2082	2073
Volume	34,798

 

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (FOB Malaysian ports unless otherwise indicated)		Dec’18	Jan’18	FM’19	AMJ’19	JAS’19
RBD Palm Olein	Selling	482.5	487.5	525	557.5	562.5
	Buying		480		555	557.5
RBD Palm Oil	Selling	472.5	482.5	520	552.5	557.5
	Buying
RBD Palm Stearin	Selling	450	465
	Buying
Palm Fatty Acid Distillates	Selling		322.5
	Buying
Crude Palm Oil (M$)	Selling	1930
	Buying
Crude Palm Kernel Oil (M$) per Picul	Selling	172
	Buying
RBD PALM KERNEL OIL	Selling	795
	Buying
RBD PALM KERNEL OLEIN	Selling	695
	Buying
RBD PALM KERNEL STEARIN	Selling	975
	Buying
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai)	Selling		442.5	465	525
	Buying

 

OTHERS

Dalian DCE – Palm Olein	Jan 4144 (-38)	May 4524 (+18)
ACE Soyoil Futures	Jan (+2)	Mar (+1)
Crude Oil WTI	Nov US$52.16 (-0.45)

 

MARKET REPORT

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month	Last	Open	Change	High	Low
Dec’18	na	na	na	na	na
Jan’19	1910	1910	-6	1912	1901
Feb’19	1994	2000	-4	2001	1985
Mar’19	2077	2082	-7	2082	2073
Volume	5,342

 

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (FOB Malaysian ports unless otherwise indicated)		Dec’18	Jan’18	FM’19	AMJ’19	JAS’19
RBD Palm Olein	Selling	477.5	480	517.5	552.5	555
	Buying		475	515	550	550
RBD Palm Oil	Selling	472.5	475	512.5	547.5	550
	Buying
RBD Palm Stearin	Selling	445	457.5
	Buying
Palm Fatty Acid Distillates	Selling	315	317.5
	Buying
Crude Palm Oil (M$)	Selling	1790
	Buying
Crude Palm Kernel Oil (M$) per Picul	Selling	170
	Buying
RBD PALM KERNEL OIL	Selling	785
	Buying
RBD PALM KERNEL OLEIN	Selling	685
	Buying
RBD PALM KERNEL STEARIN	Selling	965
	Buying
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai)	Selling	430	435	457.5	515
	Buying

 

OTHERS

Dalian DCE – Palm Olein	Jan 4144 (-38)	May 4510 (+4)
ACE Soyoil Futures	Jan (-14)	Mar (-13)
Crude Oil WTI	Nov US$52.54 (-0.07)

 

PERFORMANCE OF THE MALAYSIAN PALM OIL INDUSTRY, NOVEMBER 2018

	OCTOBER(r)	NOVEMBER(p)	DIFFERENCE
			QUANTITY	(%)
PRODUCTION (Tonnes)
CRUDE PALM OIL
P. Malaysia	1,010,782	953,750	(57,032)	(5.64)
Sabah	508,522	515,601	7,079	1.39
Sarawak	445,650	375,868	(69,782)	(15.66)
Total	1,964,954	1,845,219	(119,735)	(6.09)
PALM KERNEL	485,666	451,725	(33,941)	(6.99)
CRUDE PALM KERNEL OIL	231,184	216,879	(14,305)	(6.19)
PALM KERNEL CAKE	260,064	244,215	(15,849)	(6.09)
STOCK (Tonnes)(s)
CRUDE PALM OIL
P. Malaysia	794,792	998,399	203,607	25.62
Sabah	484,330	514,021	29,691	6.13
Sarawak	334,671	277,372	(57,299)	(17.12)
Total	1,613,793	1,789,792	175,999	10.91
PROCESSED PALM OIL
P. Malaysia	625,251	641,364	16,113	2.58
Sabah	274,769	377,380	102,611	37.34
Sarawak	208,665	198,452	(10,213)	(4.89)
Total	1,108,685	1,217,196	108,511	9.79
TOTAL PALM OIL
P. Malaysia	1,420,043	1,639,763	219,720	15.47
Sabah	759,099	891,401	132,302	17.43
Sarawak	543,336	475,824	(67,512)	(12.43)
Total	2,722,478	3,006,988	284,510	10.45
PALM KERNEL	182,756	175,719	(7,037)	(3.85)
CRUDE PALM KERNEL OIL	203,399	223,593	20,194	9.93
PROCESSED PALM KERNEL OIL	152,096	163,237	11,141	7.32
TOTAL PALM KERNEL OIL	355,495	386,830	31,335	8.81
PALM KERNEL CAKE	251,292	311,150	59,858	23.82
EXPORT
PALM OIL	1,578,263	1,375,217	(203,046)	(12.87)
PALM KERNEL OIL	77,385	99,640	22,255	28.76
PALM KERNEL CAKE	225,901	166,217	(59,684)	(26.42)
OLEOCHEMICAL	280,806	246,964	(33,843)	(12.05)
BIODIESEL	55,857	44,091	(11,766)	(21.06)
IMPORT (TONNES)(q) Import
CRUDE PALM OIL	66,708	80,173	13,466	20.19
PROCESSED PALM OIL	50,561	54,179	3,618	7.16
PALM OIL	117,269	134,352	17,083	14.57
TOTAL PALM KERNEL OIL	28,940	32,488	3,548	12.26
PRICE (1% OER) (Local Ex-Mill)
FFB (AVERAGE RM/TONNE)	21.57	18.66	(2.91)	(13.49)