Malaysia MPOB Highlights-

*Malasia Jan Feb PalmOil Import lowest of 6yrs despite tight supply
*Malasia Feb CPO Prdn 38000 Ton more to Jan but Refiners struggles to source CPO so Olin prdn drops
-ByProducts Prdn too decines on Low Palm Refining
*Palm Prices higher to Soy Sun so Feb Export post deepest 20% decline vs Jan

*Malasia 6 Palm Refineries closed in Feb on CPO shortage
*Malasia Feb BioDiesl in high demand so Feb Export soars 230% to 70000 Ton
*SoyMeal price crash dents PK OilCake demand
*OleoChemical demand soaring on high demand of Cosmetics
*Malasia All Palm Products demand crash 26% vs Jan 22.12 LT

*Malasia weather fine so Feb CPO yield to FFB hits 3mth high
-Feb OER even exceeds 2023 Yr average 19.47%
*Malasia Food use CPO, RBD Olin shortage begins in Oct
-Feb stok 12.88 LT 25% less to Oct 17.30 LT
-Feb CPO stok 27% less to Oct 13.94 LT
-Refiners/Trade RBD stok 1 LT 29% below Nov 3.67LT

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