MARKET REPORT
SUMMARY.
The palm market lost back some points today, shrugging off fears of flood effects on production and giving more focus on aggressive Indonesian offers in the market.
CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).
| Month |
|
Open | Change | High | Low |
| Jan’23 | 3864 | 3925 | -50 | 3939 | 3818 |
| Feb’23 | 3879 | 3944 | -65 | 3972 | 3840 |
| Mar’23 | 3893 | 3960 | -67 | 3994 | 3857 |
| Apr’23 | 3896 | 3961 | -60 | 3991 | 3858 |
|
Total |
45,818 | ||||
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 | 932.5 | 932.5 | 942.5 | 932.5 | 932.5 |
| Buying | 940 | |||||
| RBD Palm Oil | Selling | 922.5 | 922.5 | 932.5 | 922.5 | 932.5 |
| Buying | ||||||
| RBD Palm Stearin | Selling | 890 | ||||
| Buying | ||||||
| Palm Fatty Acid Distillates | Selling | 755 | ||||
| Buying | ||||||
| Crude Palm Oil | Selling | 892 | ||||
| Buying | ||||||
| Crude Palm Kernel Oil | Selling | 889 | ||||
| Buying | ||||||
| RBD PALM KERNEL OIL | Selling | 1040 | ||||
| Buying | ||||||
| RBD PALM KERNEL OLEIN | Selling | 990 | ||||
| Buying | ||||||
| RBD PALM KERNEL STEARIN | Selling | 1500 | ||||
| Buying | ||||||
| INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) | Selling | 930 | ||||
| Buying | ||||||
* Inclusive of duty
OTHER RELATED MARKETS
| ACE Soyoil | Jan 6625 (-6) | Mar 6488 (-15) |
| DALIAN DCE Palm Olein | Jan 7520 (-62) | Mar 7678 (-78) |
| Crude Oil WTI |
Jan 79.32 (+1.03) |
agropost 