Category Archives: Reports

Declining Indonesian palm oil exports may affect domestic supply

JAKARTA: Indonesia’s palm oil product exports slipped in January and February, raising concerns less of the edible oil will be available domestically because of the tie between overseas sales quotas and internal quotas, official said on Monday.Indonesia, the world’s biggest palm oil producer, shipped 1.89 million metric tons of palm oil products in January and …

Continue reading “Declining Indonesian palm oil exports may affect domestic supply”

Palm Oil Rallies on Strong Exports and Indonesian Policy Worry

Palm oil snapped a two-day drop on optimism that Malaysian exports will be robust this month, and on concerns that potential Indonesian policy changes could limit supplies from the biggest shipper.The gains this morning are mainly due to the strength in Malaysia’s export performance this month, according to David Ng, a senior trader at IcebergX …

Continue reading “Palm Oil Rallies on Strong Exports and Indonesian Policy Worry”

Wheat hits 3-week high on French crop worries, Black Sea tensions

CANBERRA: Chicago wheat futures rose to a three-week high on Monday amid concerns over the French crop and tensions in the Black Sea, although ample supply kept prices near multi-year lows.Soybean and corn futures fell slightly.The most-active wheat contract on the Chicago Board of Trade (CBOT) was up 0.4% at $5.56-3/4 a bushel by 0231 …

Continue reading “Wheat hits 3-week high on French crop worries, Black Sea tensions”

Malaysia RBD palm stearin market-

Olein premium to stearin jumps to highest since end-NovemberRBD palm olein premium over stearin widened to the highest levels since the end of November rising to $20 per tonne from $10.50 per tonne a week ago. Both olein and stearin spot month offers moved higher on the week but movements throughout the week were volatile- …

Continue reading “Malaysia RBD palm stearin market-“

CPKO/Coconut Oil Update-

Malaysia CPKO: Offers remain higher for eighth straight weekLocal CPKO offers in Malaysia rose for a further eighth straight week, well supported by tightened supply and healthy demand. Weekly average offers rose to 308 ringgit per picul, just shy of the high seen in early September 2022 as CPKO tracked higher CPO values both in …

Continue reading “CPKO/Coconut Oil Update-“