MARKET REPORT
SUMMARY.
Market seemed bereft of any defining news today to record one of its lowest traded volumes seen of late at just 29,040 lots. Wet weather and prospect of lower production do not seem to be convincing bullish news after major surveyors reported lower export estimates for the 1st half of Dec.
CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).
| Month |
|
Open | Change | High | Low |
| Jan’23 | 3883 | 3904 | +20 | 3920 | 3855 |
| Feb’23 | 3910 | 3902 | +20 | 3952 | 3884 |
| Mar’23 | 3932 | 3943 | +14 | 3978 | 3907 |
| Apr’23 | 3929 | 3932 | +12 | 3971 | 3903 |
|
Total |
29,040 | ||||
PHYSICAL MARKET PRICES FOR REFINED OILS & FATS
| PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated) | Jan’23 | JFM’23 | AMJ’23 | JAS’23 | OND’23 | |
| RBD Palm Olein | Selling | 940 | 940 | 947.5 | 940 | 937.5 |
| Buying | 942.5 | 932.5 | 930 | |||
| RBD Palm Oil | Selling | 930 | 940 | 937.5 | 930 | 927.5 |
| Buying | ||||||
| RBD Palm Stearin | Selling | 890 | ||||
| Buying | ||||||
| Palm Fatty Acid Distillates | Selling | 765 | ||||
| Buying | ||||||
| Crude Palm Oil | Selling | 893 | ||||
| Buying | ||||||
| Crude Palm Kernel Oil | Selling | 893 | ||||
| Buying | ||||||
| RBD PALM KERNEL OIL | Selling | 1045 | ||||
| Buying | ||||||
| RBD PALM KERNEL OLEIN | Selling | 985 | ||||
| Buying | ||||||
| RBD PALM KERNEL STEARIN | Selling | 1495 | ||||
| Buying | ||||||
| INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) | Selling | 935 | ||||
| Buying | ||||||
* Inclusive of duty
OTHER RELATED MARKETS
| ACE Soyoil | Jan 6369 (+33) | Mar 6275 (+29) |
| DALIAN DCE Palm Olein | Jan 7594 (-92) | May 7764 (-96) |
| Crude Oil WTI |
Jan 74.98 (+0.52) |
agropost 