Archive for August 2023

30 Aug 2023 – Palm Oil Market at Closing   Leave a comment

MARKET REPORT

Cautious short covering ahead of Independence day in Malaysia tomorrow amidst running rumors of a last minute bump in exports flushed out weak holders and boosted prices sharply at the CPO futures today, closing sharply higher.

 

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

 Open Change High Low
Sep’23 3858 3790 +57 3866 3790
Oct’23 3969 3885 +87 3969 3875
Nov’23 4010 3932 +80 4020 3919
Dec’23 4040 3963 +84 4040 3948

Total

 65,161

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated) Sep’23 Oct’23 OND’23 JFM’24 AMJ’24
RBD Palm Olein Selling 885 895 910 927.5 927.5
Buying     8892.5 922.5 922.5
RBD Palm Oil Selling 875 885 900 917.5 917.5
Buying          
RBD Palm Stearin Selling 825 825      
Buying          
Palm Fatty Acid Distillates Selling 822.5 825      
Buying          
Crude Palm Oil Selling 836        
Buying          
Crude Palm Kernel Oil Selling 880        
Buying          
RBD PALM KERNEL OIL Selling 985        
Buying          
RBD PALM KERNEL OLEIN Selling 940        
Buying          
RBD PALM KERNEL STEARIN Selling 1110        
Buying          
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) Selling 890        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Sep 6705 (+49) Jan 6511 (+34)
DALIAN DCE Palm Olein Jan 7804 (+30) May 7730 (+72)
Crude Oil WTI

Sep 81.76 (+0.60)

 

Posted August 30, 2023 by agropost in Palm Oil

30 Aug 2023 – Palm Oil Market at Midday   Leave a comment

MARKET REPORT

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

 Open Change High Low
Sep’23 3800 3790 -1 3808 3790
Oct’23 3892 3885 +10 3910 3875
Nov’23 3937 3932 +7 3959 3920
Dec’23 3966 3963 +10 3987 3948

Total

 17,918

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated) Sep’23 Oct’23 OND’23 JFM’24 AMJ’24
RBD Palm Olein Selling 867.5 880 892.5 910 910
Buying     885 905 905
RBD Palm Oil Selling 857.5 870 882.5 900 900
Buying          
RBD Palm Stearin Selling 815 820      
Buying          
Palm Fatty Acid Distillates Selling 812.5 817.5      
Buying          
Crude Palm Oil Selling 830        
Buying          
Crude Palm Kernel Oil Selling 867        
Buying          
RBD PALM KERNEL OIL Selling 975        
Buying          
RBD PALM KERNEL OLEIN Selling 930        
Buying          
RBD PALM KERNEL STEARIN Selling 1100        
Buying          
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) Selling 880        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Sep 6688 (+32) Jan 6516 (+39)
DALIAN DCE Palm Olein Jan 7814 (+40) May 7720 (+62)
Crude Oil WTI

Sep 81.52 (+0.36)

 

Posted August 30, 2023 by agropost in Palm Oil

29 Aug 2023 – Palm Oil Market at Closing   Leave a comment

MARKET REPORT

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

 Open Change High Low
Sep’23 3801 3800 +1 3815 3790
Oct’23 3884 3880 +8 3924 3866
Nov’23 3930 3910 +20 3965 3908
Dec’23 3955 3940 +16 3993 3934

Total

 52,847

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated) Sep’23 Oct’23 OND’23 JFM’24 AMJ’24
RBD Palm Olein Selling 870 882.5 890 907.5 907.5
Buying     885 902.5 902.5
RBD Palm Oil Selling 860 872.5 880 897.5 897.5
Buying          
RBD Palm Stearin Selling 812.5 817.5      
Buying          
Palm Fatty Acid Distillates Selling 812.5 817.5      
Buying          
Crude Palm Oil Selling 829        
Buying          
Crude Palm Kernel Oil Selling 869        
Buying          
RBD PALM KERNEL OIL Selling 975        
Buying          
RBD PALM KERNEL OLEIN Selling 930        
Buying          
RBD PALM KERNEL STEARIN Selling 1100        
Buying          
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) Selling 880        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Sep 6684 (-6) Jan 6486 (-10)
DALIAN DCE Palm Olein Jan 7764 (-36) May 7656 (-28)
Crude Oil WTI

Sep 80.63 (+0.53)

 

Posted August 29, 2023 by agropost in Palm Oil

29 Aug 2023 – Palm Oil Market at Midday   Leave a comment

MARKET REPORT

 

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

 Open Change High Low
Sep’23 3795 3800 -5 3815 3790
Oct’23 3901 3880 +25 3924 3874
Nov’23 3940 3910 +30 3965 3908
Dec’23 3963 3940 +24 3993 3934

Total

 28,307

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated) Sep’23 Oct’23 OND’23 JFM’24 AMJ’24
RBD Palm Olein Selling 872.5 882.5 895 912.5 915
Buying     890 907.5 907.5
RBD Palm Oil Selling 862.5 872.5 885 902.5 905
Buying          
RBD Palm Stearin Selling 810 815      
Buying          
Palm Fatty Acid Distillates Selling 810 815      
Buying          
Crude Palm Oil Selling 828        
Buying          
Crude Palm Kernel Oil Selling 854        
Buying          
RBD PALM KERNEL OIL Selling 960        
Buying          
RBD PALM KERNEL OLEIN Selling 915        
Buying          
RBD PALM KERNEL STEARIN Selling 1090        
Buying          
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) Selling 885        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Sep 6689 (-1) Jan 6496 (unchanged)
DALIAN DCE Palm Olein Sep 7836 (+36) Jan 7716 (+32)
Crude Oil WTI

Sep 80.10 (unchanged)

 

Posted August 29, 2023 by agropost in Palm Oil

28 Aug 2023 – Palm Oil Market at Closing   Leave a comment

MARKET REPORT

Extended selling due to reports of higher production and lower shipments continued into the 2nd half session today to end prices at the low at closing.

 

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

 Open Change High Low
Sep’23 3800 3839 -60 3839 3800
Oct’23 3875 3940 -62 3940 3870
Nov’23 3911 3968 -51 3970 3904
Dec’23 3941 3976 -41 3988 3931

Total

 44,063

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated) Sep’23 Oct’23 OND’23 JFM’24 AMJ’24
RBD Palm Olein Selling 867.5 880 890 907.5 905
Buying     885 900 900
RBD Palm Oil Selling 857.5 870 880 897.5 895
Buying          
RBD Palm Stearin Selling 810 815      
Buying          
Palm Fatty Acid Distillates Selling 805 810      
Buying          
Crude Palm Oil Selling 827        
Buying          
Crude Palm Kernel Oil Selling 849        
Buying          
RBD PALM KERNEL OIL Selling 955        
Buying          
RBD PALM KERNEL OLEIN Selling 910        
Buying          
RBD PALM KERNEL STEARIN Selling 1085        
Buying          
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) Selling 880        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Sep 6654 (-19) Jan 6467 (-23)
DALIAN DCE Palm Olein Sep 7766 (+22) Jan 7720 (+26)
Crude Oil WTI

Sep 80.19 (+0.36)

 

Posted August 28, 2023 by agropost in Palm Oil

28 Aug 2023 – Palm Oil Market at Midday   Leave a comment

MARKET REPORT

Rumours of higher production reports exerting early selling pressures on CPO futures prices today and aiding downward pressures from reports of declining exports.

 

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

 Open Change High Low
Sep’23 3815 3839 -45 3839 3815
Oct’23 3909 3940 -28 3940 3909
Nov’23 3944 3968 -18 3970 3940
Dec’23 3968 3976 -14 3988 3962

Total

 19,217

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated) Sep’23 Oct’23 OND’23 JFM’24 AMJ’24
RBD Palm Olein Selling 875 887.5 897.5 910 910
Buying     890 905 905
RBD Palm Oil Selling 865 877.5 887.5 900 900
Buying          
RBD Palm Stearin Selling 810 815      
Buying          
Palm Fatty Acid Distillates Selling 807.5 812.5      
Buying          
Crude Palm Oil Selling 828        
Buying          
Crude Palm Kernel Oil Selling 850        
Buying          
RBD PALM KERNEL OIL Selling 955        
Buying          
RBD PALM KERNEL OLEIN Selling 910        
Buying          
RBD PALM KERNEL STEARIN Selling 1085        
Buying          
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) Selling 880        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Sep 6691 (+18) Jan 6492 (+2)
DALIAN DCE Palm Olein Sep 7810 (+66) Jan 7790 (+96)
Crude Oil WTI

Sep 79.74 (-0.09)

 

Posted August 28, 2023 by agropost in Palm Oil

25 Aug 2023 – Palm Oil Market at Closing   Leave a comment

MARKET REPORT

Market closed at the high today after strong support emanated from China with rumours of 20 boat loads of palm Olein bought.

 

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

 Open Change High Low
Sep’23 3848 3800 +33 3848 3789
Oct’23 3940 3858 +74 3940 3840
Nov’23 3963 3873 +82 3964 3855
Dec’23 3984 3885 +87 3984 3869

Total

 62,131

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated) Sep’23 Oct’23 OND’23 JFM’24 AMJ’24
RBD Palm Olein Selling 880 890 900 912.5 897.5
Buying     890 905 905
RBD Palm Oil Selling 870 880 890 902.5 902.5
Buying          
RBD Palm Stearin Selling 817.5 822.5      
Buying          
Palm Fatty Acid Distillates Selling 815 820      
Buying          
Crude Palm Oil Selling 840        
Buying          
Crude Palm Kernel Oil Selling 854        
Buying          
RBD PALM KERNEL OIL Selling 960        
Buying          
RBD PALM KERNEL OLEIN Selling 915        
Buying          
RBD PALM KERNEL STEARIN Selling 1090        
Buying          
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) Selling 880        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Sep 6647 (+93) Jan 6458 (+90)
DALIAN DCE Palm Olein Sep 7774 (+48) Jan 7752 (+92)
Crude Oil WTI

Sep 80.09 (+1.04)

 

Posted August 25, 2023 by agropost in Palm Oil

25 Aug 2023 – Palm Oil Market at Midday   Leave a comment

MARKET REPORT

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

 Open Change High Low
Sep’23 3810 3800 -5 3819 3789
Oct’23 3891 3858 +25 3897 3840
Nov’23 3911 3873 +30 3916 3855
Dec’23 3928 3885 +31 3931 3869

Total

 24,236

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated) Sep’23 Oct’23 OND’23 JFM’24 AMJ’24
RBD Palm Olein Selling 870 880 890 902.5 897.5
Buying 865   877.5 895 890
RBD Palm Oil Selling 860 870 880 892.5 887.5
Buying          
RBD Palm Stearin Selling 817.5 822.5      
Buying          
Palm Fatty Acid Distillates Selling 815 820      
Buying          
Crude Palm Oil Selling 834        
Buying          
Crude Palm Kernel Oil Selling 854        
Buying          
RBD PALM KERNEL OIL Selling 960        
Buying          
RBD PALM KERNEL OLEIN Selling 915        
Buying          
RBD PALM KERNEL STEARIN Selling 1090        
Buying          
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) Selling 880        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Sep 6581 (-34) Jan 6407 (-25)
DALIAN DCE Palm Olein Sep 7762 (+36) Jan 7722 (+62)
Crude Oil WTI

Sep 78.62 (-0.27)

 

Posted August 25, 2023 by agropost in Palm Oil

24 Aug 2023 – Palm Oil Market at Closing   Leave a comment

MARKET REPORT

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

 Open Change High Low
Sep’23 3838 3822 -6 3875 3819
Oct’23 3889 3832 +45 3921 3823
Nov’23 3908 3840 +50 3938 3833
Dec’23 3918 3852 +75 3951 3845

Total

 69,978

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated) Sep’23 Oct’23 OND’23 JFM’24 AMJ’24
RBD Palm Olein Selling 875 885 887.5 905 905
Buying 867.5   880 897.5 895
RBD Palm Oil Selling 865 875 877.5 895 895
Buying          
RBD Palm Stearin Selling 817.5 822.5      
Buying          
Palm Fatty Acid Distillates Selling 815 820      
Buying          
Crude Palm Oil Selling 840        
Buying          
Crude Palm Kernel Oil Selling 855        
Buying          
RBD PALM KERNEL OIL Selling 960        
Buying          
RBD PALM KERNEL OLEIN Selling 915        
Buying          
RBD PALM KERNEL STEARIN Selling 1090        
Buying          
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) Selling 880        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Sep 6581 (-34) Jan 6407 (-25)
DALIAN DCE Palm Olein Sep 7762 (+114) Jan 7716 (+142)
Crude Oil WTI

Sep 78.62 (-0.27)

 

Posted August 25, 2023 by agropost in Palm Oil

24 Aug 2023 – Palm Oil Market at Midday   Leave a comment

MARKET REPORT

CPO FUTURES PRICES AT MDEX (IN RINGGIT MALAYSIA).

Month

Last

 Open Change High Low
Sep’23 3838 3822 +26 3875 3819
Oct’23 3889 3832 +66 3921 3823
Nov’23 3908 3840 +78 3938 3833
Dec’23 3918 3852 +75 3951 3845

Total

 38,722

PHYSICAL MARKET PRICES FOR REFINED OILS & FATS

PRODUCTS (US$ per/MT FOB Malaysian ports unless otherwise indicated) Sep’23 Oct’23 OND’23 JFM’24 AMJ’24
RBD Palm Olein Selling 875 885 887.5 905 905
Buying 867.5   880 897.5 895
RBD Palm Oil Selling 865 875 877.5 895 895
Buying          
RBD Palm Stearin Selling 817.5 822.5      
Buying          
Palm Fatty Acid Distillates Selling 815 820      
Buying          
Crude Palm Oil Selling 840        
Buying          
Crude Palm Kernel Oil Selling 855        
Buying          
RBD PALM KERNEL OIL Selling 960        
Buying          
RBD PALM KERNEL OLEIN Selling 915        
Buying          
RBD PALM KERNEL STEARIN Selling 1090        
Buying          
INDONESIAN CRUDE PALM OIL (FOB Belawan/Dumai) Selling 880        
Buying          

* Inclusive of duty

OTHER RELATED MARKETS

ACE Soyoil Sep 6581 (-34) Jan 6407 (-25)
DALIAN DCE Palm Olein Sep 7762 (+114) Jan 7716 (+142)
Crude Oil WTI

Sep 78.62 (-0.27)

 

Posted August 24, 2023 by agropost in Palm Oil

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