MARKET REPORT

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month	Last	Open	Change	High	Low
Aug’19	2162	2152	+21	2160	2152
Sep’19	2185	2165	+35	2192	2161
Oct’19	2214	2195	+35	2217	2188
Nov’19	2232	2213	+32	2232	2207
Total	56,687

 

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated)		Aug’19	Sep’19	OND’19	JFM’20	AMJ’20
RBD Palm Olein	Selling	550	552.5	555	570	575
	Buying	547.5	539	554	567	572.5
RBD Palm Oil	Selling	545	547.5	550	565	570
	Buying
RBD Palm Stearin	Selling		537.5
	Buying
Palm Fatty Acid Distillates	Selling		420
	Buying
Crude Palm Oil	Selling	515
	Buying
Crude Palm Kernel Oil	Selling	627
	Buying
RBD PALM KERNEL OIL	Selling	740
	Buying
RBD PALM KERNEL OLEIN	Selling	660
	Buying
RBD PALM KERNEL STEARIN	Selling	890
	Buying
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai)	Selling	515	515
	Buying

 

OTHERS

Dalian DCE – Palm Olein	Sep 4722 (+84)	Jan 4862 (+44)
ACE Soyoil Futures	Sep -4	Dec -3
Crude Oil WTI	Aug 54.75 (-0.18)

 

MARKET REPORT

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month	Last	Open	Change	High	Low
Aug’19	2152	2152	+11	2152	2152
Sep’19	2167	2165	+17	2173	2161
Oct’19	2191	2195	+12	2199	2188
Nov’19	2210	2213	+10	2238	2207
Total	22,882

 

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated)		Aug’19	Sep’19	OND’19	JFM’20	AMJ’20
RBD Palm Olein	Selling	550	550	551	567.5	572.5
	Buying		535	550	565	565
RBD Palm Oil	Selling	545	545	547.5	562.5	567.5
	Buying
RBD Palm Stearin	Selling		537.5
	Buying
Palm Fatty Acid Distillates	Selling		420
	Buying
Crude Palm Oil	Selling	513
	Buying
Crude Palm Kernel Oil	Selling	627
	Buying
RBD PALM KERNEL OIL	Selling	740
	Buying
RBD PALM KERNEL OLEIN	Selling	660
	Buying
RBD PALM KERNEL STEARIN	Selling	890
	Buying
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai)	Selling	515	515
	Buying

 

OTHERS

Dalian DCE – Palm Olein	Sep 4676 (+38)	Jan 4832 (+14)
ACE Soyoil Futures	Sep -6	Dec -4
Crude Oil WTI	Aug 54.85 (-0.08)

 

PERFORMANCE OF THE MALAYSIAN PALM OIL INDUSTRY, JULY 2019

	JUNE(r)	JULY(p)	DIFFERENCE
			QUANTITY	(%)
PRODUCTION (Tonnes)
CRUDE PALM OIL
P. Malaysia	835,574	974,295	138,721	16.60
Sabah	366,639	381,395	14,756	4.02
Sarawak	308,622	382,666	74,044	23.99
Total	1,510,835	1,738,356	227,521	15.06
PALM KERNEL	356,138	411,701	55,563	15.60
CRUDE PALM KERNEL OIL	160,366	201,270	40,904	25.51
PALM KERNEL CAKE	175,951	223,537	47,586	27.05
STOCK (Tonnes)  (s)
CRUDE PALM OIL
P. Malaysia	712,419	738,429	26,010	3.65
Sabah	427,642	386,448	(41,194)	(9.63)
Sarawak	205,708	211,212	5,504	2.68
Total	1,345,769	1,336,089	(9,680)	(0.72)
PROCESSED PALM OIL
P. Malaysia	600,386	571,733	(28,653)	(4.77)
Sabah	269,660	322,065	52,405	19.43
Sarawak	194,931	161,790	(33,141)	(17.00)
Total	1,064,977	1,055,588	(9,389)	(0.88)
TOTAL PALM OIL
P. Malaysia	1,312,805	1,310,162	(2,643)	(0.20)
Sabah	697,302	708,513	11,211	1.61
Sarawak	400,639	373,002	(27,637)	(6.90)
Total	2,410,746	2,391,677	(19,069)	(0.79)
PALM KERNEL	155,544	138,595	(16,949)	(10.90)
CRUDE PALM KERNEL OIL	278,675	290,452	11,777	4.23
PROCESSED PALM KERNEL OIL	157,530	161,979	4,449	2.82
TOTAL PALM KERNEL OIL	436,205	452,431	16,226	3.72
PALM KERNEL CAKE	183,140	187,049	3,909	2.13
EXPORT
PALM OIL	1,383,216	1,485,216	102,000	7.37
PALM KERNEL OIL	86,066	83,806	(2,260)	(2.63)
PALM KERNEL CAKE	214,918	218,501	3,584	1.67
OLEOCHEMICAL	254,188	288,251	34,063	13.40
BIODIESEL	31,022	78,920	47,898	154.40
IMPORT (Tonnes)   (q)
CRUDE PALM OIL	62,570	24,816	(37,754)	(60.34)
PROCESSED PALM OIL	38,680	11,848	(26,832)	(69.37)
PALM OIL	101,250	36,664	(64,586)	(63.79)
TOTAL PALM KERNEL OIL	22,872	19,398	(3,474)	(15.19)
PRICE (1% OER) (Local Ex-Mill)
FFB (AVERAGE RM/TONNE)	19.25	18.30	(0.95)	(4.94)