23 Dec 2022 – Palm Oil Market Closing   Leave a comment

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)

 

Posted December 23, 2022 by agropost in Palm Oil

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