MARKET REPORT

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month	Last	Open	Change	High	Low
Jan’19	2118	2118	14	2118	2118
Feb’19	2118	2140	-16	2141	2105
Mar’19	2164	2184	-18	2188	2150
Apr’19	2207	2228	-15	2230	2195
Volume	35,349

 

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (FOB Malaysian ports unless otherwise indicated)		Jan’19	Feb’19	Mar’19	AMJ’19	JAS’19
RBD Palm Olein	Selling	532.5	545	552.5	572.5	575
	Buying	527.5	537.5	547.5	568	569
RBD Palm Oil	Selling	527.5	540	547.5	567.5	570
	Buying
RBD Palm Stearin	Selling		545
	Buying
Palm Fatty Acid Distillates	Selling		402.5
	Buying
Crude Palm Oil (M$)	Selling	2060	2110
	Buying	2050	2090
Crude Palm Kernel Oil (M$) per Picul	Selling	191
	Buying
RBD PALM KERNEL OIL	Selling	885
	Buying
RBD PALM KERNEL OLEIN	Selling	765
	Buying
RBD PALM KERNEL STEARIN	Selling	1055
	Buying
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai)	Selling	505	510	525
	Buying

 

OTHERS

Dalian DCE – Palm Olein	May 4630 (-36)	Sep 4670 (-34)
ACE Soyoil Futures	Mar (-1)	May (-2)
Crude Oil WTI	Nov US$51.73 (-0.63)

 

MARKET REPORT

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month	Last	Open	Change	High	Low
Jan’19	na	na	na	na	na
Feb’19	2133	2140	-1	2141	2130
Mar’19	2178	2184	-4	2188	2177
Apr’19	2220	2228	-2	2230	2220
Volume	7,655

 

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (FOB Malaysian ports unless otherwise indicated)		Jan’19	Feb’19	Mar’19	AMJ’19	JAS’19
RBD Palm Olein	Selling	535	545	555	572.5	575
	Buying	530	540	550	570	570
RBD Palm Oil	Selling	530	540	550	567.5	570
	Buying
RBD Palm Stearin	Selling		552.5
	Buying
Palm Fatty Acid Distillates	Selling		397.5
	Buying
Crude Palm Oil (M$)	Selling	2100
	Buying
Crude Palm Kernel Oil (M$) per Picul	Selling	191
	Buying
RBD PALM KERNEL OIL	Selling	885
	Buying
RBD PALM KERNEL OLEIN	Selling	765
	Buying
RBD PALM KERNEL STEARIN	Selling	1055
	Buying
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai)	Selling		510	525
	Buying

 

OTHERS

Dalian DCE – Palm Olein	May 4684 (+18)	Sep 4710 (+6)
ACE Soyoil Futures	Mar (+4)	May (+3)
Crude Oil WTI	Nov US$51.82 (-0.54)

 

PERFORMANCE OF THE MALAYSIAN PALM OIL INDUSTRY, DECEMBER 2018

	NOVEMBER(r)	DECEMBER(p)	DIFFERENCE
			QUANTITY	(%)
PRODUCTION (Tonnes)
CRUDE PALM OIL
P. Malaysia	953,750	951,628	(2,122)	(0.22)
Sabah	515,601	512,044	(3,557)	(0.69)
Sarawak	375,871	344,366	(31,505)	(8.38)
Total	1,845,222	1,808,038	(37,184)	(2.02)
PALM KERNEL	451,724	446,528	(5,196)	(1.15)
CRUDE PALM KERNEL OIL	216,879	217,296	417	0.19
PALM KERNEL CAKE	244,215	246,505	2,290	0.94
STOCK (Tonnes)(s)
CRUDE PALM OIL
P. Malaysia	997,830	1,031,040	33,210	3.33
Sabah	514,021	624,527	110,506	21.50
Sarawak	278,465	285,113	6,648	2.39
Total	1,790,316	1,940,680	150,364	8.40
PROCESSED PALM OIL
P. Malaysia	640,938	709,008	68,070	10.62
Sabah	377,380	354,132	(23,248)	(6.16)
Sarawak	198,452	211,232	12,780	6.44
Total	1,216,770	1,274,372	57,602	4.73
TOTAL PALM OIL
P. Malaysia	1,638,768	1,740,048	101,280	6.18
Sabah	891,401	978,659	87,258	9.79
Sarawak	476,917	496,345	19,428	4.07
Total	3,007,086	3,215,052	207,966	6.92
PALM KERNEL	175,718	166,404	(9,314)	(5.30)
CRUDE PALM KERNEL OIL	223,725	263,732	40,007	17.88
PROCESSED PALM KERNEL OIL	166,238	170,401	4,163	2.50
TOTAL PALM KERNEL OIL	389,963	434,133	44,170	11.33
PALM KERNEL CAKE	311,150	325,824	14,674	4.72
EXPORT
PALM OIL	1,375,406	1,383,307	7,901	0.57
PALM KERNEL OIL	99,684	61,218	(38,466)	(38.59)
PALM KERNEL CAKE	166,217	201,727	35,511	21.36
OLEOCHEMICAL	247,135	253,941	6,806	2.75
BIODIESEL	44,091	71,314	27,224	61.75
IMPORT (TONNES)(q) Import
CRUDE PALM OIL	80,173	64,377	(15,797)	(19.70)
PROCESSED PALM OIL	54,179	44,245	(9,934)	(18.34)
PALM OIL	134,352	108,621	(25,731)	(19.15)
TOTAL PALM KERNEL OIL	35,481	17,415	(18,066)	(50.92)
PRICE (1% OER) (Local Ex-Mill)
FFB (AVERAGE RM/TONNE)	18.66