Archive for December 23, 2022
MARKET REPORT
SUMMARY.
Aggressive Indonesian offers continue to impinge on the palm oil futures market today leading to extended losses.
CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).
| Month |
Last
|
Open |
Change |
High |
Low |
| Jan’23 |
3803 |
3822 |
-60 |
3833 |
3795 |
| Feb’23 |
3816 |
3868 |
-70 |
3868 |
3804 |
| Mar’23 |
3831 |
3889 |
-67 |
3889 |
3817 |
| Apr’23 |
3836 |
3884 |
-58 |
3885 |
3818 |
|
Total
|
62,801 |
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 |
925 |
920 |
932.5 |
925 |
925 |
| Buying |
|
|
925 |
|
|
| RBD Palm Oil |
Selling |
915 |
915 |
922.5 |
915 |
915 |
| Buying |
|
|
|
|
|
| RBD Palm Stearin |
Selling |
875 |
|
|
|
|
| Buying |
|
|
|
|
|
| Palm Fatty Acid Distillates |
Selling |
740 |
745 |
|
|
|
| Buying |
|
|
|
|
|
| Crude Palm Oil |
Selling |
892 |
|
|
|
|
| Buying |
|
|
|
|
|
| Crude Palm Kernel Oil |
Selling |
889 |
|
|
|
|
| Buying |
|
|
|
|
|
| RBD PALM KERNEL OIL |
Selling |
1050 |
|
|
|
|
| Buying |
|
|
|
|
|
| RBD PALM KERNEL OLEIN |
Selling |
990 |
|
|
|
|
| Buying |
|
|
|
|
|
| RBD PALM KERNEL STEARIN |
Selling |
1500 |
|
|
|
|
| Buying |
|
|
|
|
|
| INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) |
Selling |
920 |
|
|
|
|
| Buying |
|
|
|
|
|
* Inclusive of duty
OTHER RELATED MARKETS
| ACE Soyoil |
Jan 6592 (+12) |
Mar 6428 (+27) |
| DALIAN DCE Palm Olein |
Jan 7452 (-188) |
Mar 7606 (-202) |
| Crude Oil WTI |
Jan 79.17 (+1.68)
|
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 |
Last
|
Open |
Change |
High |
Low |
| Jan’23 |
3820 |
3822 |
-43 |
3833 |
3795 |
| Feb’23 |
3835 |
3868 |
-51 |
3868 |
3804 |
| Mar’23 |
3849 |
3889 |
-49 |
3889 |
3817 |
| Apr’23 |
3853 |
3884 |
-41 |
3885 |
3818 |
|
Total
|
27,273 |
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 |
930 |
930 |
935 |
930 |
930 |
| Buying |
|
|
927.5 |
917.5 |
|
| RBD Palm Oil |
Selling |
920 |
920 |
925 |
920 |
920 |
| Buying |
|
|
|
|
|
| RBD Palm Stearin |
Selling |
880 |
|
|
|
|
| Buying |
|
|
|
|
|
| Palm Fatty Acid Distillates |
Selling |
747.5 |
|
|
|
|
| Buying |
|
|
|
|
|
| Crude Palm Oil |
Selling |
892 |
|
|
|
|
| Buying |
|
|
|
|
|
| Crude Palm Kernel Oil |
Selling |
889 |
|
|
|
|
| Buying |
|
|
|
|
|
| RBD PALM KERNEL OIL |
Selling |
1050 |
|
|
|
|
| Buying |
|
|
|
|
|
| RBD PALM KERNEL OLEIN |
Selling |
990 |
|
|
|
|
| Buying |
|
|
|
|
|
| RBD PALM KERNEL STEARIN |
Selling |
1500 |
|
|
|
|
| Buying |
|
|
|
|
|
| INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) |
Selling |
925 |
|
|
|
|
| Buying |
|
|
|
|
|
* Inclusive of duty
OTHER RELATED MARKETS
| ACE Soyoil |
Jan 6606 (+26) |
Mar 6436 (+35) |
| DALIAN DCE Palm Olein |
Jan 7488 (-152) |
Mar 7638 (-170) |
| Crude Oil WTI |
Jan 78.23 (+0.74)
|
agropost 