MARKET REPORT

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month	Last	Open	Change	High	Low
May’20	2030	2060	-30	2060	2020
Jun’20	2014	2022	-20	2025	1986
Jul’20	1998	2010	-22	2017	1965
Aug’20	2000	2010	-23	2017	1968
Total	48,623

 

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated)		May’20	Jun’20	JAS’20	OND’20	JFM’21
RBD Palm Olein	Selling	515	507.5	497.5	507.5	530
	Buying			490	500	520
RBD Palm Oil	Selling	512.5	505	495	505	527.5
	Buying
RBD Palm Stearin	Selling	522.5
	Buying
Palm Fatty Acid Distillates	Selling	497.5
	Buying
Crude Palm Oil	Selling	471.5
	Buying
Crude Palm Kernel Oil	Selling	588.5
	Buying
RBD PALM KERNEL OIL	Selling	645
	Buying
RBD PALM KERNEL OLEIN	Selling	635
	Buying
RBD PALM KERNEL STEARIN	Selling	805
	Buying
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai)	Selling	500	495
	Buying

 

OTHERS

Dalian DCE – Palm Olein	Sep 4338 (-90)	Jan 4506 (-94)
ACE Soyoil Futures	Jul 2634 (-15)	Aug 2651 (-17)
Crude Oil WTI	May 24.96 (+0.88)

 

PERFORMANCE OF THE MALAYSIAN PALM OIL INDUSTRY, APRIL 2020

	MARCH(r)	APRIL(p)	DIFFERENCE
			QUANTITY	(%)
PRODUCTION (TONNES)
CRUDE PALM OIL
P. Malaysia	791,982	934,675	142,693	18.02
Sabah	324,024	398,793	74,769	23.08
Sarawak	281,307	319,303	37,996	13.51
Total	1,397,313	1,652,771	255,458	18.28
PALM KERNEL	351,058	412,597	61,539	17.53
CRUDE PALM KERNEL OIL	164,543	167,131	2,588	1.57
PALM KERNEL CAKE	185,271	185,065	(206)	(0.11)
STOCK (TONNES)(s)
CRUDE PALM OIL
P. Malaysia	440,688	495,336	54,648	12.40
Sabah	246,433	407,300	160,867	65.28
Sarawak	142,528	142,997	469	0.33
Total	829,649	1,045,633	215,984	26.03
PROCESSED PALM OIL
P. Malaysia	516,444	585,003	68,559	13.28
Sabah	221,785	217,662	(4,123)	(1.86)
Sarawak	161,702	197,079	35,377	21.88
Total	899,931	999,744	99,813	11.09
TOTAL PALM OIL
P. Malaysia	957,132	1,080,339	123,207	12.87
Sabah	468,218	624,962	156,744	33.48
Sarawak	304,230	340,076	35,846	11.78
Total	1,729,580	2,045,377	315,797	18.26
PALM KERNEL	134,803	193,358	58,555	43.44
CRUDE PALM KERNEL OIL	242,796	237,635	(5,161)	(2.13)
PROCESSED PALM KERNEL OIL	165,488	155,059	(10,429)	(6.30)
TOTAL PALM KERNEL OIL	408,284	392,694	(15,590)	(3.82)
PALM KERNEL CAKE	212,702	213,382	680	0.32
EXPORT (TONNES)
PALM OIL	1,184,602	1,236,438	51,835	4.38
PALM KERNEL OIL	77,481	84,118	6,637	8.57
PALM KERNEL CAKE	222,753	167,510	(55,243)	(24.80)
OLEOCHEMICAL	261,097	271,275	10,178	3.90
BIODIESEL	68,324	6,427	(61,897)	(90.59)
IMPORT (TONNES)(q)
CRUDE PALM OIL	27,637	7,416	(20,221)	(73.17)
PROCESSED PALM OIL	51,580	49,181	(2,399)	(4.65)
PALM OIL	79,216	56,596	(22,620)	(28.55)
TOTAL PALM KERNEL OIL	20,439	16,147	(4,292)	(21.00)
PRICE AT 1% OER (AVERAGE RM)
FRESH FRUIT BUNCHES (LOCAL EX-MILL)	24.17	23.16	(1.01)	(4.18)

MARKET REPORT

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month	Last	Open	Change	High	Low
May’20	2050	2060	-10	2060	2050
Jun’20	2025	2022	-9	2025	2007
Jul’20	2014	2010	-6	2017	1995
Aug’20	2014	2010	-9	2017	1997
Total	20,126

 

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated)		May’20	Jun’20	JAS’20	OND’20	JFM’21
RBD Palm Olein	Selling	520	512.5	497.5	510	535
	Buying			492.5	502.5
RBD Palm Oil	Selling	517.5	510	495	507.5	532.5
	Buying
RBD Palm Stearin	Selling	522.5
	Buying
Palm Fatty Acid Distillates	Selling	497.5
	Buying
Crude Palm Oil	Selling	477
	Buying
Crude Palm Kernel Oil	Selling	596.5
	Buying
RBD PALM KERNEL OIL	Selling	655
	Buying
RBD PALM KERNEL OLEIN	Selling	645
	Buying
RBD PALM KERNEL STEARIN	Selling	815
	Buying
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai)	Selling	510
	Buying

 

OTHERS

Dalian DCE – Palm Olein	Sep 4344 (-84)	Jan 4520 (-80)
ACE Soyoil Futures	Jul 2624 (-25)	Aug 2644 (-24)
Crude Oil WTI	May 24.37 (+0.23)