Archive for December 2022

22 Dec 2022 – Palm Oil Market Closing   Leave a comment

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 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)

 

Posted December 22, 2022 by agropost in Palm Oil

22 Dec 2022 – Palm Oil Market Midday   Leave a comment

MARKET REPORT

SUMMARY.

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

Open Change High Low
Jan’23 3863 3925 -51 3939 3835
Feb’23 3895 3944 -49 3972 3858
Mar’23 3912 3960 -48 3994 3876
Apr’23 3919 3961 -37 3991 3877

Total

14,213

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 935 935 945 940 940
Buying     935    
RBD Palm Oil Selling 925 925 935 930 930
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 898        
Buying          
RBD PALM KERNEL OIL Selling 1040        
Buying          
RBD PALM KERNEL OLEIN Selling 980        
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 6667 (+62) Mar 6540 (+59)
DALIAN DCE Palm Olein Jan 7620 (+38) May 7780 (+24)
Crude Oil WTI

Jan 78.75 (+0.46)

 

Posted December 22, 2022 by agropost in Palm Oil

21 Dec 2022 – Palm Oil Market Closing   Leave a comment

MARKET REPORT

SUMMARY.

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

Open Change High Low
Jan’23 3915 3890 +76 3935 3819
Feb’23 3944 3928 +89 3964 3837
Mar’23 3960 3957 +91 3979 3850
Apr’23 3957 3939 +95 3969 3842

Total

50,451

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 945 945 950 940 940
Buying     945    
RBD Palm Oil Selling 935 935 940 930 930
Buying          
RBD Palm Stearin Selling 890        
Buying          
Palm Fatty Acid Distillates Selling 760        
Buying          
Crude Palm Oil Selling 890        
Buying          
Crude Palm Kernel Oil Selling 899        
Buying          
RBD PALM KERNEL OIL Selling 1050        
Buying          
RBD PALM KERNEL OLEIN Selling 1000        
Buying          
RBD PALM KERNEL STEARIN Selling 1500        
Buying          
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) Selling 935        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Jan 6660 (+55) Mar 6525 (+44)
DALIAN DCE Palm Olein Jan 7660 (+36) May 7846 (+48)
Crude Oil WTI

Jan 77.03 (+0.80)

 

Posted December 21, 2022 by agropost in Palm Oil

21 Dec 2022 – Palm Oil Market Midday   Leave a comment

MARKET REPORT

 

SUMMARY.

 

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

Open Change High Low
Jan’23 3902 3890 +63 3931 3813
Feb’23 3923 3928 +68 3970 3834
Mar’23 3940 3957 +71 3995 3847
Apr’23 3930 3939 +68 3985 3842

Total

22,894

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 937.5 937.5 947.5 940 937.5
Buying     942.5    
RBD Palm Oil Selling 927.5 927.5 937.5 930 927.5
Buying          
RBD Palm Stearin Selling 890        
Buying          
Palm Fatty Acid Distillates Selling 760        
Buying          
Crude Palm Oil Selling 890        
Buying          
Crude Palm Kernel Oil Selling 894        
Buying          
RBD PALM KERNEL OIL Selling 1040        
Buying          
RBD PALM KERNEL OLEIN Selling 980        
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 6667 (+62) Mar 6540 (+59)
DALIAN DCE Palm Olein Jan 7568 (-56) May 7744 (-54)
Crude Oil WTI

Jan 76.27 (+0.04)

 

Posted December 21, 2022 by agropost in Palm Oil

20 Dec 2022 – Palm Oil Market Closing   Leave a comment

MARKET REPORT

 

SUMMARY.

Fears of clattering demand from soaring Covid cases in China unnerved the palm oil market today. Talks of aggressive Indonesian offers to China added some fuel to the fire leading to moderate losses at closing today.

 

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

Open Change High Low
Jan’23 3839 3890 -43 3931 3813
Feb’23 3855 3928 -47 3970 3834
Mar’23 3870 3957 -59 3995 3847
Apr’23 3865 3939 -63 3985 3842

Total

49,891

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 925 925 940 932.5 930
Buying     935    
RBD Palm Oil Selling 915 915 930 922.5 920
Buying          
RBD Palm Stearin Selling 880        
Buying          
Palm Fatty Acid Distillates Selling 760        
Buying          
Crude Palm Oil Selling 891        
Buying          
Crude Palm Kernel Oil Selling 892        
Buying          
RBD PALM KERNEL OIL Selling 1040        
Buying          
RBD PALM KERNEL OLEIN Selling 980        
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 6434 (-7) Mar 6324 (-17)
DALIAN DCE Palm Olein Jan 7558 (-56) May 7726 (-52)
Crude Oil WTI

Jan 76.30 (+0.92)

 

Posted December 20, 2022 by agropost in Palm Oil

20 Dec 2022 – Palm Oil Market Midday   Leave a comment

MARKET REPORT

 

SUMMARY.

 

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

Open Change High Low
Jan’23 3847 3890 -35 3931 3847
Feb’23 3868 3928 -34 3970 3867
Mar’23 3883 3957 -46 3995 3880
Apr’23 3881 3939 -47 3985 3872

Total

28,844

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 937.5 937.5 945 932.5 930
Buying     935    
RBD Palm Oil Selling 927.5 927.5 935 922.5 920
Buying          
RBD Palm Stearin Selling 880        
Buying          
Palm Fatty Acid Distillates Selling 760        
Buying          
Crude Palm Oil Selling 891        
Buying          
Crude Palm Kernel Oil Selling 880        
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 932.5        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Jan 6435 (-6) Mar 6336 (-5)
DALIAN DCE Palm Olein Jan 7570 (-44) May 7742 (-36)
Crude Oil WTI

Jan 75.67 (+0.29)

 

Posted December 20, 2022 by agropost in Palm Oil

19 Dec 2022 – Palm Oil Market Closing   Leave a comment

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

Last

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)

 

Posted December 19, 2022 by agropost in Palm Oil

19 Dec 2022 – Palm Oil Market Midday   Leave a comment

MARKET REPORT

 

SUMMARY.

 

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

Open Change High Low
Jan’23 3914 3904 +51 3920 3895
Feb’23 3939 3902 +49 3952 3890
Mar’23 3960 3943 +42 3978 3913
Apr’23 3953 3932 +36 3971 3911

Total

13,042

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 952.5 952.5 952.5 940 937.5
Buying     945    
RBD Palm Oil Selling 937.5 942.5 942.5 930 927.5
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 883        
Buying          
RBD PALM KERNEL OIL Selling 1050        
Buying          
RBD PALM KERNEL OLEIN Selling 1000        
Buying          
RBD PALM KERNEL STEARIN Selling 1500        
Buying          
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) Selling 945        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Jan 6314 (-22) Mar 6229 (-17)
DALIAN DCE Palm Olein Jan 7666 (-20) May 7832 (-28)
Crude Oil WTI

Jan 75.23 (+0.77)

 

Posted December 19, 2022 by agropost in Palm Oil

16 Dec 2022 – Palm Oil Market Closing   Leave a comment

MARKET REPORT

SUMMARY.

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

Open Change High Low
Jan’23 3868 3854 +27 3950 3829
Feb’23 3889 3892 +11 3993 3855
Mar’23 3917 3916 +23 4013 3878
Apr’23 3915 3904 +28 4005 3878

Total

50,147

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated) Dec’22 JFM’23 AMJ’23 JAS’23 OND’23
RBD Palm Olein Selling 947.5 947.5 952.5 937.5 935
Buying     945    
RBD Palm Oil Selling 937.5 937.5 942.5 927.5 925
Buying          
RBD Palm Stearin Selling 885        
Buying          
Palm Fatty Acid Distillates Selling 762.5        
Buying          
Crude Palm Oil Selling 880        
Buying          
Crude Palm Kernel Oil Selling 901        
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 940        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Jan 6288 (-94) Mar 6202 (-96)
DALIAN DCE Palm Olein Jan 7656 (-66) May 7832 (-70)
Crude Oil WTI

Jan 74.09 (-2.02)

 

Posted December 16, 2022 by agropost in Palm Oil

15 Dec 2022 – Palm Oil Market Closing   Leave a comment

MARKET REPORT

 

SUMMARY

Rumors of some east Asian importers unable to issue LCs raised concerns of defaults in the market leading to easier prices in an otherwise slow market. Latest surveyor reports showing slowing export gains also imposed some negative effects on the market today.

 

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

Open Change High Low
Dec’22 na na na na na
Jan’23 3846 3909 -63 3947 3838
Feb’23 3874 3957 -76 3993 3870
Mar’23 3894 3972 -74 4007 3886

Total

44,680

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated) Dec’22 JFM’23 AMJ’23 JAS’23 OND’23
RBD Palm Olein Selling 947.5 947.5 950 935 930
Buying   935 940    
RBD Palm Oil Selling 937.5 937.5 940 925 920
Buying          
RBD Palm Stearin Selling 882.5        
Buying          
Palm Fatty Acid Distillates Selling 770        
Buying          
Crude Palm Oil Selling 895        
Buying          
Crude Palm Kernel Oil Selling 897        
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 935        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Jan 6245 (-110) Mar 6168 (-116)
DALIAN DCE Palm Olein Jan 7674 (-36) May 7876 (-22)
Crude Oil WTI

Jan 76.89 (+1.50)

 

Posted December 15, 2022 by agropost in Palm Oil