Масложировой союз (Twitter)
Исполнительный директор Масложирового союза Михаил Мальцев объясняет рост рентабельности масличных подорожанием этих культур внутри страны на фоне роста мировых цен, выросших в 2021 году почти в два раза. https://www.kommersant.ru/doc/5192769
By: via Malaysian Palm Oil Council Russia
понедельник, 31 января 2022 г.
воскресенье, 30 января 2022 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm oil scales fresh record highs on reduced Indonesia supply outlook
SINGAPORE, Jan 31 (Reuters) - Malaysian palm oil futures scaled fresh record highs of 5,700 ringgit per tonne in early trade on Monday as global traders tried to factor in reduced supplies from top producer and exporter Indonesia.
Indonesian authorities shocked global edible oil markets last week by implementing a new rule that made it mandatory for palm oil producers to sell 20% of their output to domestic consumers at fixed prices.
The rule change has clouded the outlook for crude palm oil supplies from Indonesia, and upended global edible oil markets by making what is traditionally the cheapest vegetable oil the costliest among the three major edible oils traded across the world.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange gained 0.96% to 5,680 ringgit ($1,355.34) per tonne in early trade.
FUNDAMENTALS
Indonesia, the world's biggest palm oil producer and exporter, has set the crude palm oil reference price for February at $1,314.78 per tonne, up from January's 1,307.76 per tonne, the Trade Ministry said in a statement on Friday.
India, the top edible oil importer, is likely to set aside about 3 trillion rupees ($40 billion) on food and fertiliser subsidies in its budget next week for 2022/23, officials said, roughly the same amount the government budgeted for this fiscal year ending in March.
Chicago March 2022 soybean futures stretched to fresh life-of-contract highs in early trade Monday to extend their run higher on worries about the scale of drought-hit crops from South America.
Chicago's most-active soyoil contract BOcv1 rose 2.11% to 66.66 cents a pound, its highest level since June 2021 at 02:45 GMT. Soymeal futures were up 1.3% at $416.70 a short ton.
China's main commodity futures markets will be closed until Feb. 7 due to the Spring Festival holiday.
Palm oil FCPOc3 may test a resistance at 5,676 ringgit per tonne, a break above which could lead to a gain into the 5,749-5,794 ringgit range.
GLOBAL MARKETS
Asian share markets made a cautious start to a week that is likely to see a rise in UK interest rates and mixed reports on U.S. jobs and manufacturing, while surging oil prices added to worries over inflation.
Oil rose 1% on Monday, hovering near 7-year highs hit in the previous session, amid concerns over tight supply as well as geopolitical tensions in Eastern Europe and the Middle East.
By: via Malaysian Palm Oil Council Russia
SINGAPORE, Jan 31 (Reuters) - Malaysian palm oil futures scaled fresh record highs of 5,700 ringgit per tonne in early trade on Monday as global traders tried to factor in reduced supplies from top producer and exporter Indonesia.
Indonesian authorities shocked global edible oil markets last week by implementing a new rule that made it mandatory for palm oil producers to sell 20% of their output to domestic consumers at fixed prices.
The rule change has clouded the outlook for crude palm oil supplies from Indonesia, and upended global edible oil markets by making what is traditionally the cheapest vegetable oil the costliest among the three major edible oils traded across the world.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange gained 0.96% to 5,680 ringgit ($1,355.34) per tonne in early trade.
FUNDAMENTALS
Indonesia, the world's biggest palm oil producer and exporter, has set the crude palm oil reference price for February at $1,314.78 per tonne, up from January's 1,307.76 per tonne, the Trade Ministry said in a statement on Friday.
India, the top edible oil importer, is likely to set aside about 3 trillion rupees ($40 billion) on food and fertiliser subsidies in its budget next week for 2022/23, officials said, roughly the same amount the government budgeted for this fiscal year ending in March.
Chicago March 2022 soybean futures stretched to fresh life-of-contract highs in early trade Monday to extend their run higher on worries about the scale of drought-hit crops from South America.
Chicago's most-active soyoil contract BOcv1 rose 2.11% to 66.66 cents a pound, its highest level since June 2021 at 02:45 GMT. Soymeal futures were up 1.3% at $416.70 a short ton.
China's main commodity futures markets will be closed until Feb. 7 due to the Spring Festival holiday.
Palm oil FCPOc3 may test a resistance at 5,676 ringgit per tonne, a break above which could lead to a gain into the 5,749-5,794 ringgit range.
GLOBAL MARKETS
Asian share markets made a cautious start to a week that is likely to see a rise in UK interest rates and mixed reports on U.S. jobs and manufacturing, while surging oil prices added to worries over inflation.
Oil rose 1% on Monday, hovering near 7-year highs hit in the previous session, amid concerns over tight supply as well as geopolitical tensions in Eastern Europe and the Middle East.
By: via Malaysian Palm Oil Council Russia
суббота, 29 января 2022 г.
Malaysian Palm Oil Council Russia's Post
Plantation Industries Ministry: Malaysia signs MoU with Saudi Arabia’s Savola Group to enhance palm oil exports | Money | Malay Mail
https://www.malaymail.com/news/money/2022/01/29/plantation-industries-ministry-malaysia-signs-mou-with-saudi-arabias-savola/2038341
By: via Malaysian Palm Oil Council Russia
https://www.malaymail.com/news/money/2022/01/29/plantation-industries-ministry-malaysia-signs-mou-with-saudi-arabias-savola/2038341
By: via Malaysian Palm Oil Council Russia
пятница, 28 января 2022 г.
Malaysian Palm Oil Council Russia's Post
Palm Oil Trade and Seminar (POTS) Iran 2022
https://mpoc.org.my/palm-oil-trade-and-seminar-pots-iran-2022/
MPOC is pleased to host the Malaysia-Iran Palm Oil Trade and Seminar (POTS Iran 2022). The theme for POTS Iran 2022 is “Complementing Iran’s Oils & Fats Demand with Malaysian Palm Oil.” This event is also the first physical event conducted by MPOC overseas since the pandemic in 2020. Since its inception in 2006, POTS […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/palm-oil-trade-and-seminar-pots-iran-2022/
MPOC is pleased to host the Malaysia-Iran Palm Oil Trade and Seminar (POTS Iran 2022). The theme for POTS Iran 2022 is “Complementing Iran’s Oils & Fats Demand with Malaysian Palm Oil.” This event is also the first physical event conducted by MPOC overseas since the pandemic in 2020. Since its inception in 2006, POTS […]
By: via Malaysian Palm Oil Council Russia
четверг, 27 января 2022 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm extends gains after Indonesia limits exports
JAKARTA, Jan 28 (Reuters) - Malaysian palm oil futures extended gains on Friday to a fourth session, putting the benchmark contract on course for a sixth straight weekly rise, as top producer Indonesia limited exports.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange gained 0.92% to 5,494 ringgit ($1,309.03) per tonne in early trade. It had gained 0.77% in overnight trade.
FUNDAMENTALS
Indonesia, the world's biggest palm oil producer and exporter, on Thursday announced a 20% mandatory domestic sales for palm oil in a bid to cool down local cooking oil prices.
Meanwhile, Indonesia is expected to produce 49 million tonnes of crude palm oil in 2022, compared with estimated 46.89 million tonnes in 2021, the Indonesia Palm Oil Association said.
Dalian's most-active soyoil contract DBYcv1 rose 2.04%, while its palm oil contract DCPcv1 gained 1.55%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.26%.
Palm oil may test a resistance at 5,585 ringgit per tonne, a break above which could lead to a gain into the 5,608-5,676 ringgit range, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian stocks recovered some of their steep losses from the previous session on Friday after U.S. markets limited further declines from hawkish U.S. Fed comments, supported by a firm economy and strong earnings at Apple Inc.
Oil prices fell on Thursday after Brent crude hit a seven-year high above $90 a barrel, as the market balanced concerns about tight worldwide supply with expectations the U.S. Federal Reserve will soon tighten monetary policy.
Chicago wheat prices nosed higher in quiet trade on Friday, while corn and soybeans held their ground close to recent multi-month highs.
By: via Malaysian Palm Oil Council Russia
JAKARTA, Jan 28 (Reuters) - Malaysian palm oil futures extended gains on Friday to a fourth session, putting the benchmark contract on course for a sixth straight weekly rise, as top producer Indonesia limited exports.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange gained 0.92% to 5,494 ringgit ($1,309.03) per tonne in early trade. It had gained 0.77% in overnight trade.
FUNDAMENTALS
Indonesia, the world's biggest palm oil producer and exporter, on Thursday announced a 20% mandatory domestic sales for palm oil in a bid to cool down local cooking oil prices.
Meanwhile, Indonesia is expected to produce 49 million tonnes of crude palm oil in 2022, compared with estimated 46.89 million tonnes in 2021, the Indonesia Palm Oil Association said.
Dalian's most-active soyoil contract DBYcv1 rose 2.04%, while its palm oil contract DCPcv1 gained 1.55%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.26%.
Palm oil may test a resistance at 5,585 ringgit per tonne, a break above which could lead to a gain into the 5,608-5,676 ringgit range, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian stocks recovered some of their steep losses from the previous session on Friday after U.S. markets limited further declines from hawkish U.S. Fed comments, supported by a firm economy and strong earnings at Apple Inc.
Oil prices fell on Thursday after Brent crude hit a seven-year high above $90 a barrel, as the market balanced concerns about tight worldwide supply with expectations the U.S. Federal Reserve will soon tighten monetary policy.
Chicago wheat prices nosed higher in quiet trade on Friday, while corn and soybeans held their ground close to recent multi-month highs.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
*Indonesia imposes mandatory domestic sales on palm oil - minister - Reuters*
27-Jan-2022 06:15:37 PM
JAKARTA, Jan 27 (Reuters) - Indonesia has imposed a rule starting Thursday for a mandatory portion of palm oil to be sold domestically at a maximum price of 9,300 rupiah ($0.6465) per kg for crude palm oil and 10,300 rupiah per kg for olein, its trade minister said.
The so-called Domestic Market Obligation (DMO) will be applied to all cooking oil exporters and they will be required to sell 20% of their planned export to the domestic market, Muhammad Lutfi told a virtual briefing.
Benchmark Malaysian palm oil futures FCPOc3 surged to all-time highs this week, in part due to a threat by Indonesia, the world's top producer and exporter of palm oil, to control shipments.
"We want to make sure that the raw materials for the domestic industries will remain here," Indrasari Wisnu Wardhana, a Trade Ministry senior official told the briefing, noting that amid high commodity prices, producers tend to prefer exports.
Indonesia has sought to curtail a rise in domestic cooking oil prices that have climbed about 40% from a year earlier, in line with high global palm oil prices.
The DMO has been central to a month-long suspension by Indonesia of thermal coal exports that has concerned major coal importers, as it seeks to ensure domestic supply to its power plants.
The government starting this week had imposed an export permit requirement for international palm oil shipments which could be obtained after companies declared their domestic distribution plan for six months.
By: via Malaysian Palm Oil Council Russia
27-Jan-2022 06:15:37 PM
JAKARTA, Jan 27 (Reuters) - Indonesia has imposed a rule starting Thursday for a mandatory portion of palm oil to be sold domestically at a maximum price of 9,300 rupiah ($0.6465) per kg for crude palm oil and 10,300 rupiah per kg for olein, its trade minister said.
The so-called Domestic Market Obligation (DMO) will be applied to all cooking oil exporters and they will be required to sell 20% of their planned export to the domestic market, Muhammad Lutfi told a virtual briefing.
Benchmark Malaysian palm oil futures FCPOc3 surged to all-time highs this week, in part due to a threat by Indonesia, the world's top producer and exporter of palm oil, to control shipments.
"We want to make sure that the raw materials for the domestic industries will remain here," Indrasari Wisnu Wardhana, a Trade Ministry senior official told the briefing, noting that amid high commodity prices, producers tend to prefer exports.
Indonesia has sought to curtail a rise in domestic cooking oil prices that have climbed about 40% from a year earlier, in line with high global palm oil prices.
The DMO has been central to a month-long suspension by Indonesia of thermal coal exports that has concerned major coal importers, as it seeks to ensure domestic supply to its power plants.
The government starting this week had imposed an export permit requirement for international palm oil shipments which could be obtained after companies declared their domestic distribution plan for six months.
By: via Malaysian Palm Oil Council Russia
среда, 26 января 2022 г.
Malaysian Palm Oil Council Russia's Post
Palm Oil Sustainability Debate @ Dubai
https://mpoc.org.my/palm-oil-sustainability-debate-dubai/
Click Here To Register
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/palm-oil-sustainability-debate-dubai/
Click Here To Register
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Reach and Remind Friends of the Industry Seminar 2022 and Dialogue – Report
https://mpoc.org.my/reach-and-remind-friends-of-the-industry-seminar-2022-and-dialogue-report/
Reach & Remind, Friends of the Industry Seminar 2022 and Dialogue is an annual seminar organised by Malaysian Palm Oil Council (MPOC) with the objective to highlight the important issues and opportunities in the Malaysian palm oil industry by way of a seminar –cum- dialogue and also exhibition.
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/reach-and-remind-friends-of-the-industry-seminar-2022-and-dialogue-report/
Reach & Remind, Friends of the Industry Seminar 2022 and Dialogue is an annual seminar organised by Malaysian Palm Oil Council (MPOC) with the objective to highlight the important issues and opportunities in the Malaysian palm oil industry by way of a seminar –cum- dialogue and also exhibition.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm oil rises on high energy prices
JAKARTA, Jan 27 (Reuters) - Malaysian palm oil futures extended its gains to a third session on Thursday, after notching a new all-time high in overnight trade amid a rally in energy and grain markets.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange gained 1.50% to 5,409 ringgit ($1,287.55) per tonne in early trade.
The contract recorded 1.78% gain overnight as crude oil prices jumped on tight supply and rising geopolitical concern, but palm may see some profit taking as rallies in rival oils were seen easing on Thursday.
FUNDAMENTALS
U.S. soybean futures hit their highest in seven months on Wednesday on technical buying and as soyoil futures rallied with energy markets and historically high palm oil prices.
Dalian's most-active soyoil contract DBYcv1 rose 1.88%, while its palm oil contract DCPcv1 gained 2.32%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 0.61%.
Oil prices fell as investors cashed in profits from the 2% gains in the previous session after the U.S. Federal Reserve indicated an interest rate hike in March, leading to a technical correction in surging energy markets.
Crude oil prices affects palm oil as it is an option for biodiesel feedstock.
Palm oil may test a resistance at 5,484 ringgit per tonne, a break above could lead to a gain into 5,558-5,608 ringgit range, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares fell to their lowest in more than 14 months, short-term U.S. yields rose to 23-month highs and the dollar strengthened on Thursday after the Federal Reserve's chairman signaled plans to steadily tighten policy.
By: via Malaysian Palm Oil Council Russia
JAKARTA, Jan 27 (Reuters) - Malaysian palm oil futures extended its gains to a third session on Thursday, after notching a new all-time high in overnight trade amid a rally in energy and grain markets.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange gained 1.50% to 5,409 ringgit ($1,287.55) per tonne in early trade.
The contract recorded 1.78% gain overnight as crude oil prices jumped on tight supply and rising geopolitical concern, but palm may see some profit taking as rallies in rival oils were seen easing on Thursday.
FUNDAMENTALS
U.S. soybean futures hit their highest in seven months on Wednesday on technical buying and as soyoil futures rallied with energy markets and historically high palm oil prices.
Dalian's most-active soyoil contract DBYcv1 rose 1.88%, while its palm oil contract DCPcv1 gained 2.32%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 0.61%.
Oil prices fell as investors cashed in profits from the 2% gains in the previous session after the U.S. Federal Reserve indicated an interest rate hike in March, leading to a technical correction in surging energy markets.
Crude oil prices affects palm oil as it is an option for biodiesel feedstock.
Palm oil may test a resistance at 5,484 ringgit per tonne, a break above could lead to a gain into 5,558-5,608 ringgit range, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares fell to their lowest in more than 14 months, short-term U.S. yields rose to 23-month highs and the dollar strengthened on Thursday after the Federal Reserve's chairman signaled plans to steadily tighten policy.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
На предприятии уже идет приемка сырья. У курских аграриев группа закупает сою на специальных условиях по предоплате до 50%. https://www.kommersant.ru/doc/5182629
By: via Malaysian Palm Oil Council Russia
На предприятии уже идет приемка сырья. У курских аграриев группа закупает сою на специальных условиях по предоплате до 50%. https://www.kommersant.ru/doc/5182629
By: via Malaysian Palm Oil Council Russia
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Масложировой союз (Twitter)
За 12 месяцев 2021 г. на внешние рынки было реализовано 707 тыс. тонн семян. Экспорт растительных масел в отчетный период снизился до 3,3 млн тонн. https://oleoscope.com/analytics/rossija-snizila-otgruzki-maslichnyh-cherez-porty-a-kaliningrad-stal-liderom-po-jeksportu-mzhp-v-2021-g/
By: via Malaysian Palm Oil Council Russia
За 12 месяцев 2021 г. на внешние рынки было реализовано 707 тыс. тонн семян. Экспорт растительных масел в отчетный период снизился до 3,3 млн тонн. https://oleoscope.com/analytics/rossija-snizila-otgruzki-maslichnyh-cherez-porty-a-kaliningrad-stal-liderom-po-jeksportu-mzhp-v-2021-g/
By: via Malaysian Palm Oil Council Russia
вторник, 25 января 2022 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm oil rises as supply concerns linger
JAKARTA, Jan 26 (Reuters) - Malaysian palm oil futures rose on Wednesday, tracking rival oils higher, supported by lingering concerns over lower production.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange gained 0.47% to 5,307 ringgit ($1,267.19) per tonne in early trading, regaining a 0.42% drop in the overnight trade.
Palm were holding up firm as supply concern persisted, despite the poor export data for so far in January, a trader in Kuala Lumpur said.
FUNDAMENTALS
Malaysia's Jan 1-25 palm oil exports fell between 32.9% and 36.7% compared to the same period in December, cargo surveyors said on Tuesday.
Top producer Indonesia ran an early testing for gasoline made from palm oil as the country aim to expand use of the vegetable oil in energy sector.
Dalian's most-active soyoil contract DBYcv1 rose 0.34%, while its palm oil contract DCPcv1 gained 1.21%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 0.13%.
Oil prices eased on Wednesday as investors booked profits ahead of an update from the U.S. Federal Reserve, although fears over tighter supply amid tensions in Ukraine and the Middle East capped losses.
Weaker crude oil futures make palm a less attractive option for biodiesel feedstock.
Palm oil FCPOc3 may revisit its Tuesday low of 5,202 ringgit per tonne, as a correction triggered by the resistance at 5,366 ringgit looks incomplete, Reuters technical analyst Wang Tao said.
MARKET NEWS
Chicago wheat futures lost ground for the first time in three sessions on Wednesday, although tensions between key grain exporters Russia and Ukraine provided a floor under the market.
Asian share markets got off to a cautious start on Wednesday, after another volatile Wall Street session, as investors braced for the outcome of the Fed's meeting late in the day and any hints about faster tightening of monetary policy.
By: via Malaysian Palm Oil Council Russia
JAKARTA, Jan 26 (Reuters) - Malaysian palm oil futures rose on Wednesday, tracking rival oils higher, supported by lingering concerns over lower production.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange gained 0.47% to 5,307 ringgit ($1,267.19) per tonne in early trading, regaining a 0.42% drop in the overnight trade.
Palm were holding up firm as supply concern persisted, despite the poor export data for so far in January, a trader in Kuala Lumpur said.
FUNDAMENTALS
Malaysia's Jan 1-25 palm oil exports fell between 32.9% and 36.7% compared to the same period in December, cargo surveyors said on Tuesday.
Top producer Indonesia ran an early testing for gasoline made from palm oil as the country aim to expand use of the vegetable oil in energy sector.
Dalian's most-active soyoil contract DBYcv1 rose 0.34%, while its palm oil contract DCPcv1 gained 1.21%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 0.13%.
Oil prices eased on Wednesday as investors booked profits ahead of an update from the U.S. Federal Reserve, although fears over tighter supply amid tensions in Ukraine and the Middle East capped losses.
Weaker crude oil futures make palm a less attractive option for biodiesel feedstock.
Palm oil FCPOc3 may revisit its Tuesday low of 5,202 ringgit per tonne, as a correction triggered by the resistance at 5,366 ringgit looks incomplete, Reuters technical analyst Wang Tao said.
MARKET NEWS
Chicago wheat futures lost ground for the first time in three sessions on Wednesday, although tensions between key grain exporters Russia and Ukraine provided a floor under the market.
Asian share markets got off to a cautious start on Wednesday, after another volatile Wall Street session, as investors braced for the outcome of the Fed's meeting late in the day and any hints about faster tightening of monetary policy.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Current and Future Outlook of MPO Export to Turkey
https://mpoc.org.my/current-and-future-outlook-of-mpo-export-to-turkey/
Oils and Fats Market Overview The growing demand for vegetable oils by the food manufacturing sector has been triggered by population growth caused mainly by refugees and foreign tourists arrivals prompting the oils & fats consumption to grow from 2.730 million tonnes in 2017 to 3.024 million tonnes in 2021. The gap between local production […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/current-and-future-outlook-of-mpo-export-to-turkey/
Oils and Fats Market Overview The growing demand for vegetable oils by the food manufacturing sector has been triggered by population growth caused mainly by refugees and foreign tourists arrivals prompting the oils & fats consumption to grow from 2.730 million tonnes in 2017 to 3.024 million tonnes in 2021. The gap between local production […]
By: via Malaysian Palm Oil Council Russia
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CPO futures hits new high on Indonesia move to restrict exports
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CPO futures hits new high on Indonesia move to restrict exports
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Home | Palm Oil Analytics (RSS)
CPO futures hits new high on Indonesia move to restrict exports
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VEGOILS-Palm rallies to record peak in fifth weekly climb
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VEGOILS-Palm rallies to record peak in fifth weekly climb
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Home | Palm Oil Analytics (RSS)
VEGOILS-Palm rallies to record peak in fifth weekly climb
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VEGOILS-Palm eyes fifth weekly climb after overnight rise to record high
Home | Palm Oil Analytics (RSS)
VEGOILS-Palm eyes fifth weekly climb after overnight rise to record high
By: via Malaysian Palm Oil Council Russia
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VEGOILS-Palm eyes fifth weekly climb after overnight rise to record high
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Масложировой союз (Twitter)
В последние годы в России резко возрос коммерческий интерес к рапсу. Эта масличная культура показала себя не только высоко маржинальной, но и многоплановой. https://www.agroinvestor.ru/analytics/article/37410-maslichnoe-zoloto-osobennosti-vozdelyvaniya-i-pererabotki-rapsa/
By: via Malaysian Palm Oil Council Russia
В последние годы в России резко возрос коммерческий интерес к рапсу. Эта масличная культура показала себя не только высоко маржинальной, но и многоплановой. https://www.agroinvestor.ru/analytics/article/37410-maslichnoe-zoloto-osobennosti-vozdelyvaniya-i-pererabotki-rapsa/
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Malaysia palm oil export 1-25 Jan'22 vs. 1-25 Dec'21 (in mt)
*SGS: 847,520 vs 1,338,255 (-490,735 or down 36.67%)*
Amspec: 829,022 vs 1,242,761 (-413,739 or down 33.29%)
ITS: 876,056 vs. 1,306,408 (-430,352 or down 32.94%)
By: via Malaysian Palm Oil Council Russia
*SGS: 847,520 vs 1,338,255 (-490,735 or down 36.67%)*
Amspec: 829,022 vs 1,242,761 (-413,739 or down 33.29%)
ITS: 876,056 vs. 1,306,408 (-430,352 or down 32.94%)
By: via Malaysian Palm Oil Council Russia
понедельник, 24 января 2022 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm oil eases; traders focus on Indonesia's export curbs
JAKARTA, Jan 25 (Reuters) - Malaysian palm oil futures dropped on Tuesday, tracking weak performances in rival oils, after the vegetable oil scaled to a record high in the previous session amid talks of export restrictions from top producer Indonesia.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange was down 0.38% at 5,240 ringgit ($1,251.79) a tonne. In the previous session, the contract hit an all-time high of 5,380 ringgit, but shed gains to close 1.18% lower.
FUNDAMENTALS
Indonesia has asked palm oil exporters to get shipment approvals from the trade ministry. The government is also discussing a plan to limit exports of the oil, an industry group said.
Indonesia's plan to limit palm oil exports is likely to make leading importer India shift to substitute soy and sunflower oils, potentially capping the market's rally, industry officials and analysts said.
Oil prices climbed on Tuesday, regaining some of the ground lost in the previous day's sharp losses, on concerns over possible supply disruptions amid rising geopolitical tensions in both Eastern Europe and the Middle East.
Dalian's most-active soyoil contract DBYcv1 and palm oil contract DCPcv1 fell 2.26% and 1.63%, respectively, while soyoil prices on the Chicago Board of Trade BOcv1 were up 0.56%.
Palm oil FCPOc3 may test a support at 5,174 ringgit per tonne, a break below could open the way towards 5,106 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Chicago wheat futures extended gains for a second straight session, hitting a one-month high, on concerns that Russia-Ukraine tensions could disrupt grain shipments from the region.
Asian shares and U.S. futures tumbled after a tumultuous Wall Street session, with investors nervous about the situation in Ukraine and eyeing the U.S. Federal Reserve amid worries about a move to tighter monetary policy globally.
By: via Malaysian Palm Oil Council Russia
JAKARTA, Jan 25 (Reuters) - Malaysian palm oil futures dropped on Tuesday, tracking weak performances in rival oils, after the vegetable oil scaled to a record high in the previous session amid talks of export restrictions from top producer Indonesia.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange was down 0.38% at 5,240 ringgit ($1,251.79) a tonne. In the previous session, the contract hit an all-time high of 5,380 ringgit, but shed gains to close 1.18% lower.
FUNDAMENTALS
Indonesia has asked palm oil exporters to get shipment approvals from the trade ministry. The government is also discussing a plan to limit exports of the oil, an industry group said.
Indonesia's plan to limit palm oil exports is likely to make leading importer India shift to substitute soy and sunflower oils, potentially capping the market's rally, industry officials and analysts said.
Oil prices climbed on Tuesday, regaining some of the ground lost in the previous day's sharp losses, on concerns over possible supply disruptions amid rising geopolitical tensions in both Eastern Europe and the Middle East.
Dalian's most-active soyoil contract DBYcv1 and palm oil contract DCPcv1 fell 2.26% and 1.63%, respectively, while soyoil prices on the Chicago Board of Trade BOcv1 were up 0.56%.
Palm oil FCPOc3 may test a support at 5,174 ringgit per tonne, a break below could open the way towards 5,106 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Chicago wheat futures extended gains for a second straight session, hitting a one-month high, on concerns that Russia-Ukraine tensions could disrupt grain shipments from the region.
Asian shares and U.S. futures tumbled after a tumultuous Wall Street session, with investors nervous about the situation in Ukraine and eyeing the U.S. Federal Reserve amid worries about a move to tighter monetary policy globally.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
Жиры компании "Эфко", предназначенные для кондитерской отрасли, с 1 января 2022 года выпускаются в соответствии с новыми требованиями ЕС. https://sfera.fm/news/novosti-kompanii/3-mcpd-pod-kontrolem
By: via Malaysian Palm Oil Council Russia
Жиры компании "Эфко", предназначенные для кондитерской отрасли, с 1 января 2022 года выпускаются в соответствии с новыми требованиями ЕС. https://sfera.fm/news/novosti-kompanii/3-mcpd-pod-kontrolem
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa said 2021 and 2022 are set to be bullish years for the palm oil market with historic high CPO prices supported by fundamentals and significantly by sentiments.
He expects Malaysia’s palm oil production is poised for a rebound by about 6% year-on-year (YoY) to 19.2 million tonnes in 2022 after plunging to the lowest level in five years in 2021.
He said exports are predicted to recover from a low base in 2021 as economies across the world re-opened on the back of the higher vaccination rates against the Covid-19 virus.
By: via Malaysian Palm Oil Council Russia
He expects Malaysia’s palm oil production is poised for a rebound by about 6% year-on-year (YoY) to 19.2 million tonnes in 2022 after plunging to the lowest level in five years in 2021.
He said exports are predicted to recover from a low base in 2021 as economies across the world re-opened on the back of the higher vaccination rates against the Covid-19 virus.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
* Indonesia's plan to limit palm oil exports is likely to make leading importer India shift to substitute soy and sunflower oils, potentially capping the market's rally, industry officials and analysts said.
* Oil prices jumped on Monday as geopolitical tensions in Eastern Europe and the Middle East heightened concerns about an already tight supply outlook, while OPEC and its allies continued to struggle to raise their output. O/R
* Stronger crude oil futures make palm a more attractive option for biodiesel feedstock.
* Dalian's most-active soyoil contract DBYcv1 rose 0.84%, while its palm oil contract DCPcv1 gained 1.14%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.16%.
* Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
* Palm oil may break a resistance at 5,366 ringgit per tonne and rise towards 5,484 ringgit, Reuters technical analyst Wang Tao said. TECH/C
By: via Malaysian Palm Oil Council Russia
* Oil prices jumped on Monday as geopolitical tensions in Eastern Europe and the Middle East heightened concerns about an already tight supply outlook, while OPEC and its allies continued to struggle to raise their output. O/R
* Stronger crude oil futures make palm a more attractive option for biodiesel feedstock.
* Dalian's most-active soyoil contract DBYcv1 rose 0.84%, while its palm oil contract DCPcv1 gained 1.14%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.16%.
* Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
* Palm oil may break a resistance at 5,366 ringgit per tonne and rise towards 5,484 ringgit, Reuters technical analyst Wang Tao said. TECH/C
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Malaysian palm oil futures hit a record high on Monday, rising for a fourth straight session, buoyed by a rally in crude oil prices and talks of export restrictions by top producer Indonesia.
By: via Malaysian Palm Oil Council Russia
By: via Malaysian Palm Oil Council Russia
воскресенье, 23 января 2022 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm scales record high on oil rally, talks of export curbs by Indonesia
JAKARTA, Jan 24 (Reuters) - Malaysian palm oil futures hit a record high on Monday, rising for a fourth straight session, buoyed by a rally in crude oil prices and talks of export restrictions by top producer Indonesia.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange was up 0.94% at 5,372 ringgit ($1,284.25) a tonne by 0238 GMT, after scaling an all-time high of 5,380 ringgit earlier in the day.
The contract posted a fifth straight weekly gain last week amid lingering output concerns and talks of export control by Indonesia.
FUNDAMENTALS
Indonesia starting Jan. 24 required palm oil exporters to get shipments approvals from the trade ministry. Meanwhile, the government is also discussing a plan to limit exports of the vegetable oil, an industry group said.
Indonesia's plan to limit palm oil exports is likely to make leading importer India shift to substitute soy and sunflower oils, potentially capping the market's rally, industry officials and analysts said.
Oil prices jumped on Monday as geopolitical tensions in Eastern Europe and the Middle East heightened concerns about an already tight supply outlook, while OPEC and its allies continued to struggle to raise their output.
Stronger crude oil futures make palm a more attractive option for biodiesel feedstock.
Dalian's most-active soyoil contract DBYcv1 rose 0.84%, while its palm oil contract DCPcv1 gained 1.14%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.16%.
Palm oil may break a resistance at 5,366 ringgit per tonne and rise towards 5,484 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
CBOT corn futures rose to their highest in seven months on Friday as concerns about production in South America spurred demand for U.S. supplies, traders said.
Asian share markets slipped on Monday with the Federal Reserve expected to confirm it will soon start draining the massive liquidity that has fuelled the huge gains in growth stocks in recent years.
By: via Malaysian Palm Oil Council Russia
JAKARTA, Jan 24 (Reuters) - Malaysian palm oil futures hit a record high on Monday, rising for a fourth straight session, buoyed by a rally in crude oil prices and talks of export restrictions by top producer Indonesia.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange was up 0.94% at 5,372 ringgit ($1,284.25) a tonne by 0238 GMT, after scaling an all-time high of 5,380 ringgit earlier in the day.
The contract posted a fifth straight weekly gain last week amid lingering output concerns and talks of export control by Indonesia.
FUNDAMENTALS
Indonesia starting Jan. 24 required palm oil exporters to get shipments approvals from the trade ministry. Meanwhile, the government is also discussing a plan to limit exports of the vegetable oil, an industry group said.
Indonesia's plan to limit palm oil exports is likely to make leading importer India shift to substitute soy and sunflower oils, potentially capping the market's rally, industry officials and analysts said.
Oil prices jumped on Monday as geopolitical tensions in Eastern Europe and the Middle East heightened concerns about an already tight supply outlook, while OPEC and its allies continued to struggle to raise their output.
Stronger crude oil futures make palm a more attractive option for biodiesel feedstock.
Dalian's most-active soyoil contract DBYcv1 rose 0.84%, while its palm oil contract DCPcv1 gained 1.14%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.16%.
Palm oil may break a resistance at 5,366 ringgit per tonne and rise towards 5,484 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
CBOT corn futures rose to their highest in seven months on Friday as concerns about production in South America spurred demand for U.S. supplies, traders said.
Asian share markets slipped on Monday with the Federal Reserve expected to confirm it will soon start draining the massive liquidity that has fuelled the huge gains in growth stocks in recent years.
By: via Malaysian Palm Oil Council Russia
пятница, 21 января 2022 г.
Malaysian Palm Oil Council Russia's Post
Indonesia May Set Local Mandatory Portion of Palm Oil Exports
By Eko Listiyorini
(Bloomberg) -- Indonesia may soon impose a mandatory portion of exports that producers must set aside for the domestic market to ensure a sufficient supply of cooking oil, says Indrasari Wisnu Wardhana, director general of foreign trade at the trade ministry on Friday.
“If there is no improvement in the domestic supply situation, we will issue a policy that makes it mandatory for exporters to supply to the local market,” says Wardhana
Currently, exporters are allowed to set their own percentage of exports that are sold locally
Under a new regulation to be imposed starting Jan. 24, exporters are obliged to submit details of their export plans and the local supply portions for the next six months
If the portion is too small and the amount unreasonable in comparison to their export volumes, the ministry can deny the export permit
Export permits will be issued based on the assessment and are valid for six months
By: via Malaysian Palm Oil Council Russia
By Eko Listiyorini
(Bloomberg) -- Indonesia may soon impose a mandatory portion of exports that producers must set aside for the domestic market to ensure a sufficient supply of cooking oil, says Indrasari Wisnu Wardhana, director general of foreign trade at the trade ministry on Friday.
“If there is no improvement in the domestic supply situation, we will issue a policy that makes it mandatory for exporters to supply to the local market,” says Wardhana
Currently, exporters are allowed to set their own percentage of exports that are sold locally
Under a new regulation to be imposed starting Jan. 24, exporters are obliged to submit details of their export plans and the local supply portions for the next six months
If the portion is too small and the amount unreasonable in comparison to their export volumes, the ministry can deny the export permit
Export permits will be issued based on the assessment and are valid for six months
By: via Malaysian Palm Oil Council Russia
четверг, 20 января 2022 г.
Malaysian Palm Oil Council Russia's Post
*SPPOMA 1-20th Jan 22:*
Overall Summary:
Yield : -13.43%
OER : -0.74%
*Prod : -16.7%*
SPPOMA: 1-15th Jan 22
Overall Summary :
Yield : -16.60%
OER : -0.81%
Prod : -20.86%
SPPOMA: 1-10th Jan 22
Overall Summary :
Yield : -27.42%
OER : -0.89%
Prod : -32.10%
SPPOMA: 1-5th Jan 22
Overall Summary :
Yield : -40.60%
OER : -0.98%
Prod : -45.75%
By: via Malaysian Palm Oil Council Russia
Overall Summary:
Yield : -13.43%
OER : -0.74%
*Prod : -16.7%*
SPPOMA: 1-15th Jan 22
Overall Summary :
Yield : -16.60%
OER : -0.81%
Prod : -20.86%
SPPOMA: 1-10th Jan 22
Overall Summary :
Yield : -27.42%
OER : -0.89%
Prod : -32.10%
SPPOMA: 1-5th Jan 22
Overall Summary :
Yield : -40.60%
OER : -0.98%
Prod : -45.75%
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm extends gains after overnight rise to record high
KUALA LUMPUR, Jan 21 (Reuters) - Malaysian palm oil futures rose for the third straight session on Friday, after hitting a record high of 5,231 ringgit ($1,249.94) during overnight trade.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange gained 14 ringgit, or 0.27%, to 5,201 ringgit a tonne by 0240 GMT.
It had gained 0.69% overnight, gaining strength from a firm external market and news of Indonesia's plan to limit palm oil exports, which could cut global supply of the edible oil.
The contract is set for a fifth consecutive weekly climb, having risen 1.6% so far this week.
FUNDAMENTALS
Indonesia's plan to limit palm oil exports that has driven prices to record highs is likely to make leading importer India shift to substitute soy and sunflower oils, potentially capping the market's rally, industry officials and analysts said.
Exports of Malaysian palm oil products for Jan. 1-20 fell 43.1% to 626,029 tonnes from Dec. 1-20, cargo surveyor Societe Generale de Surveillance said.
Dalian's most-active soyoil contract DBYcv1 rose 1.2%, while its palm oil contract DCPcv1 gained 0.7%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 1.1%, after jumping 3.5% overnight.
Palm oil looks shaky around a previous high of 5,220 ringgit per tonne. It may test a support at 5,174 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares and U.S. futures fell on Friday, after Wall Street took a knock overnight, hurt by lingering concerns over the Federal Reserve's tightening and weaker-than-expected economic and earnings data.
Oil prices plunged on Friday, after rising to seven-year highs this week, as an increase in U.S. crude and fuel stockpiles prompted investors to take profits from the rally.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 21 (Reuters) - Malaysian palm oil futures rose for the third straight session on Friday, after hitting a record high of 5,231 ringgit ($1,249.94) during overnight trade.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange gained 14 ringgit, or 0.27%, to 5,201 ringgit a tonne by 0240 GMT.
It had gained 0.69% overnight, gaining strength from a firm external market and news of Indonesia's plan to limit palm oil exports, which could cut global supply of the edible oil.
The contract is set for a fifth consecutive weekly climb, having risen 1.6% so far this week.
FUNDAMENTALS
Indonesia's plan to limit palm oil exports that has driven prices to record highs is likely to make leading importer India shift to substitute soy and sunflower oils, potentially capping the market's rally, industry officials and analysts said.
Exports of Malaysian palm oil products for Jan. 1-20 fell 43.1% to 626,029 tonnes from Dec. 1-20, cargo surveyor Societe Generale de Surveillance said.
Dalian's most-active soyoil contract DBYcv1 rose 1.2%, while its palm oil contract DCPcv1 gained 0.7%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 1.1%, after jumping 3.5% overnight.
Palm oil looks shaky around a previous high of 5,220 ringgit per tonne. It may test a support at 5,174 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares and U.S. futures fell on Friday, after Wall Street took a knock overnight, hurt by lingering concerns over the Federal Reserve's tightening and weaker-than-expected economic and earnings data.
Oil prices plunged on Friday, after rising to seven-year highs this week, as an increase in U.S. crude and fuel stockpiles prompted investors to take profits from the rally.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
Оборот российского рынка растительного молока превышает 5,5 млрд рублей в год. Именно этот продукт стал триггером развития рынка продукции на растительной основе. http://www.finmarket.ru/news/5630790
By: via Malaysian Palm Oil Council Russia
Оборот российского рынка растительного молока превышает 5,5 млрд рублей в год. Именно этот продукт стал триггером развития рынка продукции на растительной основе. http://www.finmarket.ru/news/5630790
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Malaysia palm oil export 1-20 Jan'22 vs. 1-20 Dec'21 (in mt)
*ITS: 657,666 vs. 1,072,968 (-415,302 or down 38.71%)*
Amspec: 633,531 vs. 996,331 (-362,800 or down 36.41%)
By: via Malaysian Palm Oil Council Russia
*ITS: 657,666 vs. 1,072,968 (-415,302 or down 38.71%)*
Amspec: 633,531 vs. 996,331 (-362,800 or down 36.41%)
By: via Malaysian Palm Oil Council Russia
среда, 19 января 2022 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm extends gain ahead of cargo surveyor data
KUALA LUMPUR, Jan 20 (Reuters) - Malaysian palm oil futures rose on Thursday as top producer Indonesia's new export policy raised supply concerns, although gains were limited by expectation that cargo surveyor data would show a sharp drop in exports.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange gained 33 ringgit, or 0.64%, to 5,157 ringgit ($1,232.26) a tonne during early trade, rising for a second consecutive session.
It had gained 0.57% overnight.
FUNDAMENTALS
Cargo surveyors are scheduled to release export data for Jan. 1-20 later in the day, with investors expecting a 36% monthly decline.
Indonesia's biggest palm oil association, GAPKI, said on Wednesday the government was currently drafting a plan aimed at limiting shipments of the edible oil to tame domestic cooking oil prices, remarks the Trade Ministry swiftly denied.
To control prices, the Trade Ministry said on Tuesday it would require exporters to obtain shipment approval from the ministry for exports of crude palm oil, used cooking oil and refined, bleached and deodorized palm olein.
Dalian's most-active soyoil contract DBYcv1 gained 1.4%, while its palm oil contract DCPcv1 rose 1%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.1%.
Palm oil may retest a support at 5,106 ringgit, as it faces a resistance at 5,174 ringgit per tonne, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian share markets broke a five-day slide to edge higher on Thursday, shrugging off drops in Europe and on Wall Street overnight as China underscored its diverging monetary and economic picture by cutting benchmark mortgage rates.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 20 (Reuters) - Malaysian palm oil futures rose on Thursday as top producer Indonesia's new export policy raised supply concerns, although gains were limited by expectation that cargo surveyor data would show a sharp drop in exports.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange gained 33 ringgit, or 0.64%, to 5,157 ringgit ($1,232.26) a tonne during early trade, rising for a second consecutive session.
It had gained 0.57% overnight.
FUNDAMENTALS
Cargo surveyors are scheduled to release export data for Jan. 1-20 later in the day, with investors expecting a 36% monthly decline.
Indonesia's biggest palm oil association, GAPKI, said on Wednesday the government was currently drafting a plan aimed at limiting shipments of the edible oil to tame domestic cooking oil prices, remarks the Trade Ministry swiftly denied.
To control prices, the Trade Ministry said on Tuesday it would require exporters to obtain shipment approval from the ministry for exports of crude palm oil, used cooking oil and refined, bleached and deodorized palm olein.
Dalian's most-active soyoil contract DBYcv1 gained 1.4%, while its palm oil contract DCPcv1 rose 1%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.1%.
Palm oil may retest a support at 5,106 ringgit, as it faces a resistance at 5,174 ringgit per tonne, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian share markets broke a five-day slide to edge higher on Thursday, shrugging off drops in Europe and on Wall Street overnight as China underscored its diverging monetary and economic picture by cutting benchmark mortgage rates.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Indonesia trade ministry drafts plan to limit palm oil exports - GAPKI official - Reuters
19-Jan-2022 05:28:48 PM
JAKARTA, Jan 19 (Reuters) - Indonesia Trade Ministry is *drafting a plan to limit palm oil exports amid efforts to control domestic cooking oil prices, Togar Sitanggang, an official of the palm oil association GAPKI* told a parliamentary hearing on Wednesday.
*Trade Ministry official Indrasari Wisnu Wardhana, responding to the remarks, in a text message to Reuters denied* there was such plan.
The GAPKI comment came amid calls by lawmakers at the hearing for palm oil producers to meet domestic demand first before exporting.
By: via Malaysian Palm Oil Council Russia
19-Jan-2022 05:28:48 PM
JAKARTA, Jan 19 (Reuters) - Indonesia Trade Ministry is *drafting a plan to limit palm oil exports amid efforts to control domestic cooking oil prices, Togar Sitanggang, an official of the palm oil association GAPKI* told a parliamentary hearing on Wednesday.
*Trade Ministry official Indrasari Wisnu Wardhana, responding to the remarks, in a text message to Reuters denied* there was such plan.
The GAPKI comment came amid calls by lawmakers at the hearing for palm oil producers to meet domestic demand first before exporting.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Malaysia palm oil export 1-20 Jan'22 vs. 1-20 Dec'21 (in mt) - *Rumour only*
*Amspec: 636k vs. 996k (-360k or down 36.2%)*
ITS: 657,666 vs. 1,072,968 (-415,302 or down 38.71%)
By: via Malaysian Palm Oil Council Russia
*Amspec: 636k vs. 996k (-360k or down 36.2%)*
ITS: 657,666 vs. 1,072,968 (-415,302 or down 38.71%)
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
INDONESIA TRADE MINISTRY OFFICIAL DENIES PLAN OF PALM OIL EXPORT RESTRICTIONS - Reuters News
19-Jan-2022 05:20:30 PM
By: via Malaysian Palm Oil Council Russia
19-Jan-2022 05:20:30 PM
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
INDONESIA TRADE MINISTRY CURRENTLY DRAFTING PLAN TO LIMIT PALM OIL EXPORTS - GAPKI OFFICIAL - Reuters News
19-Jan-2022 05:13:55 PM
By: via Malaysian Palm Oil Council Russia
19-Jan-2022 05:13:55 PM
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Rebuttal to “If not ghee, don’t look beyond these 7 healthy cooking oils” article
https://mpoc.org.my/rebuttal-to-if-not-ghee-dont-look-beyond-these-7-healthy-cooking-oils-article/
Rebuttal to “If not ghee, don’t look beyond these 7 healthy cooking oils” article https://www.healthshots.com/healthy-eating/nutrition/7-best-and-healthy-cooking-oils-for-a-healthy-life/ by Aayushi Gupta (information obtained from Dr Anshu Chaturvedi, Department of Clinical Nutrition and Dietetics, Fortis Escorts Hospital, Jaipur) As the title of this article suggests, the author shared with the readers the 7 healthy cooking oils other than ghee […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/rebuttal-to-if-not-ghee-dont-look-beyond-these-7-healthy-cooking-oils-article/
Rebuttal to “If not ghee, don’t look beyond these 7 healthy cooking oils” article https://www.healthshots.com/healthy-eating/nutrition/7-best-and-healthy-cooking-oils-for-a-healthy-life/ by Aayushi Gupta (information obtained from Dr Anshu Chaturvedi, Department of Clinical Nutrition and Dietetics, Fortis Escorts Hospital, Jaipur) As the title of this article suggests, the author shared with the readers the 7 healthy cooking oils other than ghee […]
By: via Malaysian Palm Oil Council Russia
вторник, 18 января 2022 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm jumps about 3% to hit three-month high on stronger crude
KUALA LUMPUR, Jan 19 (Reuters) - Malaysian palm oil futures jumped on Wednesday to a three-month high, as crude futures rallied to multi-year peaks and top producer Indonesia mulled "limited" palm oil export controls.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange was up 145 ringgit, or 2.88%, at 5,179 ringgit ($1,236.04) a tonne, as of 0258 GMT. Earlier in the day, it rose as much 3.2% to its highest since Oct. 21.
The market was closed on Tuesday for a public holiday.
FUNDAMENTALS
Indonesia is considering "limited restrictions" on palm oil exports and is also hiking cooking oil subsidies as part of attempts to contain surging domestic cooking oil prices and control inflation pressures, senior officials said on Tuesday.
The world's biggest palm oil producer said it will require palm oil exporters to obtain permits for their shipments and ask producers to declare how much palm oil they plan to sell domestically.
Dalian's most-active soyoil contract DBYcv1 rose 1.5%, while its palm oil contract DCPcv1 gained 3%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 1.3%.
Oil prices rose to a seven-year high as an outage on a pipeline from Iraq to Turkey increased concerns about an already tight supply outlook, making palm a more attractive option for biodiesel feedstock.
Palm oil may rise to 5,106 ringgit per tonne, to fill a gap forming between Jan. 14 and Jan. 17, Reuters technical analyst Wang Tao said.
MARKET NEWS
Wall Street's optimistic start to the New Year continued on Tuesday as prices for some stocks, oil and the dollar advanced, but investors dialled back risk-taking elsewhere as data showed U.S. manufacturing slowed and COVID-19 spread.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 19 (Reuters) - Malaysian palm oil futures jumped on Wednesday to a three-month high, as crude futures rallied to multi-year peaks and top producer Indonesia mulled "limited" palm oil export controls.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange was up 145 ringgit, or 2.88%, at 5,179 ringgit ($1,236.04) a tonne, as of 0258 GMT. Earlier in the day, it rose as much 3.2% to its highest since Oct. 21.
The market was closed on Tuesday for a public holiday.
FUNDAMENTALS
Indonesia is considering "limited restrictions" on palm oil exports and is also hiking cooking oil subsidies as part of attempts to contain surging domestic cooking oil prices and control inflation pressures, senior officials said on Tuesday.
The world's biggest palm oil producer said it will require palm oil exporters to obtain permits for their shipments and ask producers to declare how much palm oil they plan to sell domestically.
Dalian's most-active soyoil contract DBYcv1 rose 1.5%, while its palm oil contract DCPcv1 gained 3%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 1.3%.
Oil prices rose to a seven-year high as an outage on a pipeline from Iraq to Turkey increased concerns about an already tight supply outlook, making palm a more attractive option for biodiesel feedstock.
Palm oil may rise to 5,106 ringgit per tonne, to fill a gap forming between Jan. 14 and Jan. 17, Reuters technical analyst Wang Tao said.
MARKET NEWS
Wall Street's optimistic start to the New Year continued on Tuesday as prices for some stocks, oil and the dollar advanced, but investors dialled back risk-taking elsewhere as data showed U.S. manufacturing slowed and COVID-19 spread.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
Основная часть экспорта АПК региона – это рапсовое масло, которое отправилось в Израиль, и маргарин – в Узбекистан. Крупяные изделия почти на 150 тысяч долларов были отгружены в Азербайджан. https://www.ap22.ru/paper/V-Altayskom-krae-vyros-export-rapsovogo-masla.html
By: via Malaysian Palm Oil Council Russia
Основная часть экспорта АПК региона – это рапсовое масло, которое отправилось в Израиль, и маргарин – в Узбекистан. Крупяные изделия почти на 150 тысяч долларов были отгружены в Азербайджан. https://www.ap22.ru/paper/V-Altayskom-krae-vyros-export-rapsovogo-masla.html
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
В Чишминском районе на маслоперерабатывающем заводе рассказали, как прошлогодняя засуха сказалась на объемах производства. https://bash.news/news/168981-v-bashkirii-rasskazali-ozhidaetsya-li-defitsit-podsolnechnogo-masla
By: via Malaysian Palm Oil Council Russia
В Чишминском районе на маслоперерабатывающем заводе рассказали, как прошлогодняя засуха сказалась на объемах производства. https://bash.news/news/168981-v-bashkirii-rasskazali-ozhidaetsya-li-defitsit-podsolnechnogo-masla
By: via Malaysian Palm Oil Council Russia
понедельник, 17 января 2022 г.
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
У обычного коровьего молока есть более десяти растительных аналогов, а некоторые даже стали популярнее обычного продукта. Технолог молочной продукции рассказала об особенностях каждого из этих заменителей. https://topspb.tv/news/2022/01/14/ekspert-rasskazala-o-polze-i-vrede-rastitelnogo-moloka/
By: via Malaysian Palm Oil Council Russia
У обычного коровьего молока есть более десяти растительных аналогов, а некоторые даже стали популярнее обычного продукта. Технолог молочной продукции рассказала об особенностях каждого из этих заменителей. https://topspb.tv/news/2022/01/14/ekspert-rasskazala-o-polze-i-vrede-rastitelnogo-moloka/
By: via Malaysian Palm Oil Council Russia
воскресенье, 16 января 2022 г.
Malaysian Palm Oil Council Russia's Post
MPO Exports to Sub-Saharan Africa Anticipated to Post Strong Numbers in 2022
https://mpoc.org.my/mpo-exports-to-sub-saharan-africa-anticipated-to-post-strong-numbers-in-2022/
Malaysian palm oil exports to Sub-Saharan will experience a significant rebound in 2022 after a modest decline recorded this year, but this recovery will be asymmetrical between the region’s countries, in a context of uncertainty due to the setback emanating from the COVID-19 pandemic. From a global perspective, as a market destination of Malaysian palm […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/mpo-exports-to-sub-saharan-africa-anticipated-to-post-strong-numbers-in-2022/
Malaysian palm oil exports to Sub-Saharan will experience a significant rebound in 2022 after a modest decline recorded this year, but this recovery will be asymmetrical between the region’s countries, in a context of uncertainty due to the setback emanating from the COVID-19 pandemic. From a global perspective, as a market destination of Malaysian palm […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
*SPPOMA: 1-15th Jan 22*
Overall Summary :
Yield : -16.60%
OER : -0.81%
*Prod : -20.86%*
SPPOMA: 1-10th Jan 22
Overall Summary :
Yield : -27.42%
OER : -0.89%
Prod : -32.10%
SPPOMA: 1-5th Jan 22
Overall Summary :
Yield : -40.60%
OER : -0.98%
Prod : -45.75%
By: via Malaysian Palm Oil Council Russia
Overall Summary :
Yield : -16.60%
OER : -0.81%
*Prod : -20.86%*
SPPOMA: 1-10th Jan 22
Overall Summary :
Yield : -27.42%
OER : -0.89%
Prod : -32.10%
SPPOMA: 1-5th Jan 22
Overall Summary :
Yield : -40.60%
OER : -0.98%
Prod : -45.75%
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm oil slips for second day as early-Jan exports slump
KUALA LUMPUR, Jan 17 (Reuters) - Malaysian palm oil futures extended losses for a second straight session on Monday after cargo surveyors' data showed exports during the first half of January tumbled.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange slid 35 ringgit, or 0.71%, to 4,921 ringgit ($1,175.87) a tonne during early trade, its lowest since Jan 5.
Bursa Malaysia will be closed on Tuesday for Thaipusam festival.
FUNDAMENTALS
Exports from the world's second-largest palm oil producer during Jan. 1-15 fell between 32% and 45% from the same period in December, cargo surveyors said on Saturday.
Malaysia kept its February export tax for crude palm oil at 8% but lowered the reference price to 4,907.14 ringgit ($1,172.55) from 5302.01 ringgit in January.
Dalian's most-active soyoil contract DBYcv1 rose 0.1%, while its palm oil contract DCPcv1 slipped 0.2%. The Chicago Board of Trade BOcv1 were closed for a public holiday.
Palm oil may drop to 4,865 ringgit per tonne, due to the completion of a five-wave cycle from 4,291 ringgit.
MARKET NEWS
Asian share markets were choppy on Monday as a slew of Chinese economic data confirmed the deadening effect of coronavirus restrictions on consumer spending, prompting Beijing to again ease monetary policy.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 17 (Reuters) - Malaysian palm oil futures extended losses for a second straight session on Monday after cargo surveyors' data showed exports during the first half of January tumbled.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange slid 35 ringgit, or 0.71%, to 4,921 ringgit ($1,175.87) a tonne during early trade, its lowest since Jan 5.
Bursa Malaysia will be closed on Tuesday for Thaipusam festival.
FUNDAMENTALS
Exports from the world's second-largest palm oil producer during Jan. 1-15 fell between 32% and 45% from the same period in December, cargo surveyors said on Saturday.
Malaysia kept its February export tax for crude palm oil at 8% but lowered the reference price to 4,907.14 ringgit ($1,172.55) from 5302.01 ringgit in January.
Dalian's most-active soyoil contract DBYcv1 rose 0.1%, while its palm oil contract DCPcv1 slipped 0.2%. The Chicago Board of Trade BOcv1 were closed for a public holiday.
Palm oil may drop to 4,865 ringgit per tonne, due to the completion of a five-wave cycle from 4,291 ringgit.
MARKET NEWS
Asian share markets were choppy on Monday as a slew of Chinese economic data confirmed the deadening effect of coronavirus restrictions on consumer spending, prompting Beijing to again ease monetary policy.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Consumer Preference of Cooking Oil Survey 2022
https://mpoc.org.my/consumer-preference-of-cooking-oil-survey-2022/
Participate in MPOC Consumer Preference of Cooking Oil Survey and stand a chance to win interesting prizes! MPOC Consumer Preference of Cooking Oil Survey What is your preferred cooking oil? Is that the healthiest oil for your lifestyle? We want to know your views about palm oil. Tell us more by filling up the MPOC […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/consumer-preference-of-cooking-oil-survey-2022/
Participate in MPOC Consumer Preference of Cooking Oil Survey and stand a chance to win interesting prizes! MPOC Consumer Preference of Cooking Oil Survey What is your preferred cooking oil? Is that the healthiest oil for your lifestyle? We want to know your views about palm oil. Tell us more by filling up the MPOC […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Palm Oil Prices Will Stay Above 4,700 Ringgit Over Next Six Months - Bloomberg
https://www.bloomberg.com/news/articles/2022-01-13/palm-oil-will-stay-above-4-700-ringgit-over-next-six-months-lmc
By: via Malaysian Palm Oil Council Russia
https://www.bloomberg.com/news/articles/2022-01-13/palm-oil-will-stay-above-4-700-ringgit-over-next-six-months-lmc
By: via Malaysian Palm Oil Council Russia
пятница, 14 января 2022 г.
Malaysian Palm Oil Council Russia's Post
*Malaysia palm oil export 1-15 Jan'22 vs. 1-15 Dec'21 (in mt)*
AmSpec: 492,883 vs. 725,600 (-232,717 or down 32.07%)
ITS: 426,111 vs. 772,137 (-346,026 or down 44.81%)
By: via Malaysian Palm Oil Council Russia
AmSpec: 492,883 vs. 725,600 (-232,717 or down 32.07%)
ITS: 426,111 vs. 772,137 (-346,026 or down 44.81%)
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
Льняное масло применяют в разных сферах, начиная от кулинарии и заканчивая уходом за кожей, поскольку оно обладает массой полезных свойств. https://style.rbc.ru/health/60d22f3f9a7947f29de78bd0
By: via Malaysian Palm Oil Council Russia
Льняное масло применяют в разных сферах, начиная от кулинарии и заканчивая уходом за кожей, поскольку оно обладает массой полезных свойств. https://style.rbc.ru/health/60d22f3f9a7947f29de78bd0
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
Увеличение размера экспортных пошлин на основные масличные культуры (подсолнечник, соя, рапс) в 2021 г. повлияли на ежегодную динамику экспорта сырья. https://oleoscope.com/news/rossija-sokratila-jeksport-maslichnyh-kultur-v-2021-g-posle-uvelichenija-jeksportnyh-poshlin-mzhsr/
By: via Malaysian Palm Oil Council Russia
Увеличение размера экспортных пошлин на основные масличные культуры (подсолнечник, соя, рапс) в 2021 г. повлияли на ежегодную динамику экспорта сырья. https://oleoscope.com/news/rossija-sokratila-jeksport-maslichnyh-kultur-v-2021-g-posle-uvelichenija-jeksportnyh-poshlin-mzhsr/
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Malaysia - 1-15 Jan 2022 vs. 1-15 Dec 2021 palm oil export (in mt) _Estimate only_
*AMSPEC: 423k vs 725k (-302k or -41.7%)*
ITS: 442,111 vs. 772,137 (-330,026 or down 42.74%)
By: via Malaysian Palm Oil Council Russia
*AMSPEC: 423k vs 725k (-302k or -41.7%)*
ITS: 442,111 vs. 772,137 (-330,026 or down 42.74%)
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
*Malaysia CPO Export Duty for Feb'22:*
Ref. Price = RM 4,907.14
Tax = 8.0%
*Duty = RM 392.57 / mt (or USD 93.98 @ 4.1770)*
Vs.
Malaysia CPO Export Duty for Jan'22:
Ref. Price = RM 5,302.01
Tax = 8.0%
Duty = RM 424.16 / mt (or USD 100.44 @ 4.2230)
By: via Malaysian Palm Oil Council Russia
Ref. Price = RM 4,907.14
Tax = 8.0%
*Duty = RM 392.57 / mt (or USD 93.98 @ 4.1770)*
Vs.
Malaysia CPO Export Duty for Jan'22:
Ref. Price = RM 5,302.01
Tax = 8.0%
Duty = RM 424.16 / mt (or USD 100.44 @ 4.2230)
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm down on profit-taking, tracks rival oils
KUALA LUMPUR, Jan 14 (Reuters) - Malaysian palm oil futures fell on Friday tracking weaker rival oils, while traders also booked profits after the contract rose to an all-time closing high on concerns of persisting labour shortage.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange lost 55 ringgit, or 1.07%, to 5,106 ringgit ($1,220.95) a tonne in early trade. It also lost 0.7% overnight, but looked set for a weekly gain.
FUNDAMENTALS
The market is on a profit-taking mode after Thursday's rally, and tracking Dalian and soyoil weakness, a Kuala Lumpur-based trader said.
Dalian's most-active soyoil contract DBYcv1 dropped almost 1%, while its palm oil contract DCPcv1 slipped 0.7%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 1.1%.
Palm oil may test a support at 5,094 ringgit per tonne, and a break below could open the way to 5,001 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares took a beating after a fresh salvo of hawkish remarks from Federal Reserve officials solidified expectations that U.S. interest rates could rise as soon as March, leaving markets braced for tighter monetary conditions.
Oil prices eased for a second session on growing concerns that Washington may soon act to cool prices, while movement controls in China to rein in a COVID-19 outbreak weighed on fuel demand.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 14 (Reuters) - Malaysian palm oil futures fell on Friday tracking weaker rival oils, while traders also booked profits after the contract rose to an all-time closing high on concerns of persisting labour shortage.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange lost 55 ringgit, or 1.07%, to 5,106 ringgit ($1,220.95) a tonne in early trade. It also lost 0.7% overnight, but looked set for a weekly gain.
FUNDAMENTALS
The market is on a profit-taking mode after Thursday's rally, and tracking Dalian and soyoil weakness, a Kuala Lumpur-based trader said.
Dalian's most-active soyoil contract DBYcv1 dropped almost 1%, while its palm oil contract DCPcv1 slipped 0.7%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 1.1%.
Palm oil may test a support at 5,094 ringgit per tonne, and a break below could open the way to 5,001 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares took a beating after a fresh salvo of hawkish remarks from Federal Reserve officials solidified expectations that U.S. interest rates could rise as soon as March, leaving markets braced for tighter monetary conditions.
Oil prices eased for a second session on growing concerns that Washington may soon act to cool prices, while movement controls in China to rein in a COVID-19 outbreak weighed on fuel demand.
By: via Malaysian Palm Oil Council Russia
четверг, 13 января 2022 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm down on profit-taking, tracks rival oils
KUALA LUMPUR, Jan 14 (Reuters) - Malaysian palm oil futures fell on Friday tracking weaker rival oils, while traders also booked profits after the contract rose to an all-time closing high on concerns of persisting labour shortage.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange lost 55 ringgit, or 1.07%, to 5,106 ringgit ($1,220.95) a tonne in early trade. It also lost 0.7% overnight, but looked set for a weekly gain.
FUNDAMENTALS
The market is on a profit-taking mode after Thursday's rally, and tracking Dalian and soyoil weakness, a Kuala Lumpur-based trader said.
Dalian's most-active soyoil contract DBYcv1 dropped almost 1%, while its palm oil contract DCPcv1 slipped 0.7%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 1.1%.
Palm oil may test a support at 5,094 ringgit per tonne, and a break below could open the way to 5,001 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares took a beating after a fresh salvo of hawkish remarks from Federal Reserve officials solidified expectations that U.S. interest rates could rise as soon as March, leaving markets braced for tighter monetary conditions.
Oil prices eased for a second session on growing concerns that Washington may soon act to cool prices, while movement controls in China to rein in a COVID-19 outbreak weighed on fuel demand.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 14 (Reuters) - Malaysian palm oil futures fell on Friday tracking weaker rival oils, while traders also booked profits after the contract rose to an all-time closing high on concerns of persisting labour shortage.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange lost 55 ringgit, or 1.07%, to 5,106 ringgit ($1,220.95) a tonne in early trade. It also lost 0.7% overnight, but looked set for a weekly gain.
FUNDAMENTALS
The market is on a profit-taking mode after Thursday's rally, and tracking Dalian and soyoil weakness, a Kuala Lumpur-based trader said.
Dalian's most-active soyoil contract DBYcv1 dropped almost 1%, while its palm oil contract DCPcv1 slipped 0.7%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 1.1%.
Palm oil may test a support at 5,094 ringgit per tonne, and a break below could open the way to 5,001 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares took a beating after a fresh salvo of hawkish remarks from Federal Reserve officials solidified expectations that U.S. interest rates could rise as soon as March, leaving markets braced for tighter monetary conditions.
Oil prices eased for a second session on growing concerns that Washington may soon act to cool prices, while movement controls in China to rein in a COVID-19 outbreak weighed on fuel demand.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
Растительное мясо можно ввести в школьный рацион, считает 51% россиян. https://www.gazeta.ru/style/news/2022/01/13/17133487.shtml
By: via Malaysian Palm Oil Council Russia
Растительное мясо можно ввести в школьный рацион, считает 51% россиян. https://www.gazeta.ru/style/news/2022/01/13/17133487.shtml
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
POC 2022 to be held live in Kuala Lumpur
Published 13th January, 2022
Bursa Malaysia Derivatives Berhad (BMD) has confirmed that the 33rd edition of the Palm and Lauric Oils Price Outlook Conference & Exhibition 2022 (POC2022) will be held at the Shangri-La Hotel in Kuala Lumpur, Malaysia from 7-9 March 2022.
“For over 30 years, the Palm and Lauric Oils Price Outlook Conference & Exhibition (POC) hosted yearly in March is the most anticipated annual gathering of key decision-makers and thought leaders in the global edible oils industry, where participants deliberate on the industry’s most pressing issues and opportunities surrounding the supply and demand of major edible oils,” said BMD.
BMD added that registration would open soon for the event.
BMD is a wholly-owned subsidiary of Bursa Malaysia Berhad which provides, operates and maintains a futures and options exchange. BMD operates the world-leading crude palm oil futures (FCPO), consolidating Malaysia’s position as the global centre for palm oil price discovery.
Website: www.pocmalaysia.com
By: via Malaysian Palm Oil Council Russia
Published 13th January, 2022
Bursa Malaysia Derivatives Berhad (BMD) has confirmed that the 33rd edition of the Palm and Lauric Oils Price Outlook Conference & Exhibition 2022 (POC2022) will be held at the Shangri-La Hotel in Kuala Lumpur, Malaysia from 7-9 March 2022.
“For over 30 years, the Palm and Lauric Oils Price Outlook Conference & Exhibition (POC) hosted yearly in March is the most anticipated annual gathering of key decision-makers and thought leaders in the global edible oils industry, where participants deliberate on the industry’s most pressing issues and opportunities surrounding the supply and demand of major edible oils,” said BMD.
BMD added that registration would open soon for the event.
BMD is a wholly-owned subsidiary of Bursa Malaysia Berhad which provides, operates and maintains a futures and options exchange. BMD operates the world-leading crude palm oil futures (FCPO), consolidating Malaysia’s position as the global centre for palm oil price discovery.
Website: www.pocmalaysia.com
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
India Trade Body Seeks Govt To Retain 11% Import Tax Gap Between Crude, Refined Palm Oil – NewsRise
13-Jan-2022 05:56:21 PM
By Kuala Lumpur Newsroom
MUMBAI (Jan 13) -- The Solvent Extractors' Association of India has requested the federal food and consumer ministry to keep the import tax difference between crude and refined palm oil at 11% to shield the domestic refining industry from cheaper imports of finished products.
"We fear crude palm oil imports in our country would now get replaced with refined palmolein and our palm refining industry would be reduced to being mere ‘packers’ seriously compromising heavy investments made in industry", the trade body for vegetable oil said in a statement to the federal government.
India, which imports 65% of its edible oil requirement, last month cut basic custom duty on refined palm oil and its fractions such as RBD palmolein to 12.5% from 17.5% until Mar. 31, citing 'public interest'.
The move halved the import duty differential between raw material, or crude palm oil and finished product, or refined palmolein to 5.5%.
The trade body also warned New Delhi of a trend by exporting nations such as Indonesia and Malaysia of incentivising exports of finished products by imposing hefty export tax on crude palm oil as compared to RBD palmolein.
"Despite refining cost of palmolein this difference makes RBD palmolein cheaper than CPO by about 5% at their current prices", the trade body said.
In order to create a level playing field, the trade body has also asked New Delhi to place the import of RBD palmolein and refined palm oil under 'restricted list' with immediate effect or at least from April 2022.
In Jan 2020, the government had placed RBD Palmolein in the ‘restricted list’ which helped improve capacity utilisation and sentiment of domestic oil seed farmers.
By: via Malaysian Palm Oil Council Russia
13-Jan-2022 05:56:21 PM
By Kuala Lumpur Newsroom
MUMBAI (Jan 13) -- The Solvent Extractors' Association of India has requested the federal food and consumer ministry to keep the import tax difference between crude and refined palm oil at 11% to shield the domestic refining industry from cheaper imports of finished products.
"We fear crude palm oil imports in our country would now get replaced with refined palmolein and our palm refining industry would be reduced to being mere ‘packers’ seriously compromising heavy investments made in industry", the trade body for vegetable oil said in a statement to the federal government.
India, which imports 65% of its edible oil requirement, last month cut basic custom duty on refined palm oil and its fractions such as RBD palmolein to 12.5% from 17.5% until Mar. 31, citing 'public interest'.
The move halved the import duty differential between raw material, or crude palm oil and finished product, or refined palmolein to 5.5%.
The trade body also warned New Delhi of a trend by exporting nations such as Indonesia and Malaysia of incentivising exports of finished products by imposing hefty export tax on crude palm oil as compared to RBD palmolein.
"Despite refining cost of palmolein this difference makes RBD palmolein cheaper than CPO by about 5% at their current prices", the trade body said.
In order to create a level playing field, the trade body has also asked New Delhi to place the import of RBD palmolein and refined palm oil under 'restricted list' with immediate effect or at least from April 2022.
In Jan 2020, the government had placed RBD Palmolein in the ‘restricted list’ which helped improve capacity utilisation and sentiment of domestic oil seed farmers.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
Производство майонеза, по данным аналитики, в 2021 году выросло на 3%. Эксперты сошлись во мнении: данная продукция будет дорожать, однако спрос сохранится.
https://rt.rbc.ru/tatarstan/30/12/2021/61cc64389a794715875ee446
By: via Malaysian Palm Oil Council Russia
Производство майонеза, по данным аналитики, в 2021 году выросло на 3%. Эксперты сошлись во мнении: данная продукция будет дорожать, однако спрос сохранится.
https://rt.rbc.ru/tatarstan/30/12/2021/61cc64389a794715875ee446
By: via Malaysian Palm Oil Council Russia
среда, 12 января 2022 г.
Malaysian Palm Oil Council Russia's Post
MALAYSIA MPOB DIRECTOR GENERAL AHMAD PARVEEZ GHULAM KADIR SPEAKING AT PALM OIL VIRTUAL SEMINAR – NewsRise
13-Jan-2022 12:35:58 PM
- CPO PRICE EXPECTED TO AVERAGE AT MYR3,800/TON IN 2022
- 2022 PALM OIL STOCK PILE ESTIMATED AT 1.95 MLN TONS, UP 23.4% ON YEAR
- 2022 PALM OIL EXPORTS LIKELY TO RISE 9.3% ON YEAR TO 17 MLN TONS
- 2022 CPO PRODUCTION EXPECTED AT 19 MLN TONS, UP 4.9% ON YEAR
By: via Malaysian Palm Oil Council Russia
13-Jan-2022 12:35:58 PM
- CPO PRICE EXPECTED TO AVERAGE AT MYR3,800/TON IN 2022
- 2022 PALM OIL STOCK PILE ESTIMATED AT 1.95 MLN TONS, UP 23.4% ON YEAR
- 2022 PALM OIL EXPORTS LIKELY TO RISE 9.3% ON YEAR TO 17 MLN TONS
- 2022 CPO PRODUCTION EXPECTED AT 19 MLN TONS, UP 4.9% ON YEAR
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Annual Report 2020
https://mpoc.org.my/annual-report-2020/
2020 was an exacting year for the Malaysian Palm Oil industry, as it grappled with the ravages of the Covid-19 pandemic worldwide. The impact was seen in the global demand for, and price of, palm oil over the first half of the year. The second half brought some respite as strict lockdowns and movement […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/annual-report-2020/
2020 was an exacting year for the Malaysian Palm Oil industry, as it grappled with the ravages of the Covid-19 pandemic worldwide. The impact was seen in the global demand for, and price of, palm oil over the first half of the year. The second half brought some respite as strict lockdowns and movement […]
By: via Malaysian Palm Oil Council Russia
вторник, 11 января 2022 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm ticks up on weak production outlook
KUALA LUMPUR, Jan 12 (Reuters) - Malaysian palm oil futures firmed on Wednesday, extending a three-day rally as industry estimates pointed to a steep drop in production.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange gained 36 ringgit, or 0.71%, to 5,105 ringgit ($1,221.29) a tonne during early trade.
It had gained 0.53% overnight.
FUNDAMENTALS
The Southern Peninsula Palm Oil Millers' Association (SPPOMA) estimated production during Jan. 1-10 declined 32% from the same week in December, traders said on Tuesday.
Indonesia is expecting higher than usual rainfall to continue this year, its weather agency BMKG said, although the amount will be lower than that recorded in 2021.
Dalian's most-active soyoil contract DBYcv1 gained 0.2%, while its palm oil contract DCPcv1 rose 1.1%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.2%.
Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
Palm oil may test a support at 5,002 ringgit per tonne, a break below which could open the way to 4,927 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Stocks and commodities rose in relief and the dollar hit a six-week low, after Federal Reserve Chair Jerome Powell sounded less hawkish than expected in testimony to Congress, as he charts a path out of pandemic policy settings.
Oil prices climbed after Powell signalled the central bank may raise rates more slowly than expected, which should support oil demand in the near term.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 12 (Reuters) - Malaysian palm oil futures firmed on Wednesday, extending a three-day rally as industry estimates pointed to a steep drop in production.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange gained 36 ringgit, or 0.71%, to 5,105 ringgit ($1,221.29) a tonne during early trade.
It had gained 0.53% overnight.
FUNDAMENTALS
The Southern Peninsula Palm Oil Millers' Association (SPPOMA) estimated production during Jan. 1-10 declined 32% from the same week in December, traders said on Tuesday.
Indonesia is expecting higher than usual rainfall to continue this year, its weather agency BMKG said, although the amount will be lower than that recorded in 2021.
Dalian's most-active soyoil contract DBYcv1 gained 0.2%, while its palm oil contract DCPcv1 rose 1.1%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.2%.
Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
Palm oil may test a support at 5,002 ringgit per tonne, a break below which could open the way to 4,927 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Stocks and commodities rose in relief and the dollar hit a six-week low, after Federal Reserve Chair Jerome Powell sounded less hawkish than expected in testimony to Congress, as he charts a path out of pandemic policy settings.
Oil prices climbed after Powell signalled the central bank may raise rates more slowly than expected, which should support oil demand in the near term.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
Один из крупных производителей подсолнечного масла в Самарской области - ООО "ОйлАгро" (Сергиевский район) - в 2021 г. удвоил объемы выпускаемой продукции и начал поставки в Китай. https://volga.news/article/603665.html
By: via Malaysian Palm Oil Council Russia
Один из крупных производителей подсолнечного масла в Самарской области - ООО "ОйлАгро" (Сергиевский район) - в 2021 г. удвоил объемы выпускаемой продукции и начал поставки в Китай. https://volga.news/article/603665.html
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
Пошлина на экспорт подсолнечного масла из России с 1 февраля 2022 года понижается до $251,4 за тонну против $280,8 в январе 2022 года. Об этом говорится в материалах Минсельхоза. https://tass.ru/ekonomika/13386761
By: via Malaysian Palm Oil Council Russia
Пошлина на экспорт подсолнечного масла из России с 1 февраля 2022 года понижается до $251,4 за тонну против $280,8 в январе 2022 года. Об этом говорится в материалах Минсельхоза. https://tass.ru/ekonomika/13386761
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Масложировой союз (Twitter)
Предприниматель из Республики Башкортостан победил в конкурсном отборе программы «Агростартап», получил грант и закупил оборудование для производства подсолнечного масла. https://tuvest.ru/news/novosti/2022-01-04/v-staryh-tuymazah-zarabotal-zavod-po-proizvodstvu-podsolnechnogo-masla-2643804
By: via Malaysian Palm Oil Council Russia
Предприниматель из Республики Башкортостан победил в конкурсном отборе программы «Агростартап», получил грант и закупил оборудование для производства подсолнечного масла. https://tuvest.ru/news/novosti/2022-01-04/v-staryh-tuymazah-zarabotal-zavod-po-proizvodstvu-podsolnechnogo-masla-2643804
By: via Malaysian Palm Oil Council Russia
понедельник, 10 января 2022 г.
Malaysian Palm Oil Council Russia's Post
Malaysian Palm Oil Full of Goodness
https://mpoc.org.my/malaysian-palm-oil-full-of-goodness/
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/malaysian-palm-oil-full-of-goodness/
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm slips as exports slump, lower inventories limit losses
KUALA LUMPUR, Jan 11 (Reuters) - Malaysian palm oil futures eased on Tuesday as cargo surveyor data showing a tumble in Jan. 1-10 exports outweighed support from a sharp decline in inventories.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange slid 22 ringgit, or 0.44%, to 5,007 ringgit in early trade.
FUNDAMENTALS
The market is supported by tight supplies amid heavy rains and flooding in Peninsular Malaysia, with a miller's association pegging production for the first five days of January lower by 45.75% month-on-month, but the upside is capped by weaker demand amid persistently high palm prices, Refinitiv Agriculture Research said in a note on Monday.
Malaysia's palm oil stocks at the end of December fell steeper than expected, down 12.9% from the month before, as production nosedived to its lowest in nine months, Malaysian Palm Oil Board data showed on Monday, further tightening inventories for 2022.
Exports for Jan. 1-10 fell 41.6% to 334,750 tonnes from the same period in December, cargo surveyor Intertek Testing Services said on Monday.
Dalian's most-active soyoil contract DBYcv1 gained 0.3%, while its palm oil contract DCPcv1 rose 0.1%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.4%, after declining 1.3% overnight.
Palm oil may test a support at 4,927 ringgit per tonne, a break below which could open the way towards 4,806 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian equities and the dollar struggled to find direction on Tuesday, with attention squarely on the timing and pace of U.S. monetary policy normalisation, but investors took some comfort from a late rebound in U.S. stock markets.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 11 (Reuters) - Malaysian palm oil futures eased on Tuesday as cargo surveyor data showing a tumble in Jan. 1-10 exports outweighed support from a sharp decline in inventories.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange slid 22 ringgit, or 0.44%, to 5,007 ringgit in early trade.
FUNDAMENTALS
The market is supported by tight supplies amid heavy rains and flooding in Peninsular Malaysia, with a miller's association pegging production for the first five days of January lower by 45.75% month-on-month, but the upside is capped by weaker demand amid persistently high palm prices, Refinitiv Agriculture Research said in a note on Monday.
Malaysia's palm oil stocks at the end of December fell steeper than expected, down 12.9% from the month before, as production nosedived to its lowest in nine months, Malaysian Palm Oil Board data showed on Monday, further tightening inventories for 2022.
Exports for Jan. 1-10 fell 41.6% to 334,750 tonnes from the same period in December, cargo surveyor Intertek Testing Services said on Monday.
Dalian's most-active soyoil contract DBYcv1 gained 0.3%, while its palm oil contract DCPcv1 rose 0.1%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.4%, after declining 1.3% overnight.
Palm oil may test a support at 4,927 ringgit per tonne, a break below which could open the way towards 4,806 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian equities and the dollar struggled to find direction on Tuesday, with attention squarely on the timing and pace of U.S. monetary policy normalisation, but investors took some comfort from a late rebound in U.S. stock markets.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
MPOB S&D Dec'21 vs Nov'21:
Prodn 1.451m vs 1.635m (-11.26%)
Impt 103k vs 98k
Expt 1.415m vs 1.466m (-3.48%)
LDsp 373k vs 285k
Stks 1.583m vs 1.817m (-12.88%)
*Jan'22 S&D Preview*
Kenanga:
Prod 1.36m (-6.3%)
Expt 1.35m (-4.6%)
Stks 1.44m (-9.0%)
CIMB:
Prod 1.27m (-12.5%)
Expt 1.13m (-20.0%)
Stks 1.51m (-4.5%)
By: via Malaysian Palm Oil Council Russia
Prodn 1.451m vs 1.635m (-11.26%)
Impt 103k vs 98k
Expt 1.415m vs 1.466m (-3.48%)
LDsp 373k vs 285k
Stks 1.583m vs 1.817m (-12.88%)
*Jan'22 S&D Preview*
Kenanga:
Prod 1.36m (-6.3%)
Expt 1.35m (-4.6%)
Stks 1.44m (-9.0%)
CIMB:
Prod 1.27m (-12.5%)
Expt 1.13m (-20.0%)
Stks 1.51m (-4.5%)
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Malaysia 1-10 Jan 2022 vs 1-10 Dec 2021 exports (in mt)
*SGS: 325,601 vs 548,379 (-222,778 or down 40.62%)*
AmSpec: 318,928 vs 544,059 (-225,131 or down 41.38%)
ITS: 334,750 vs 572,689 (-237,939 or down 41.55%)
By: via Malaysian Palm Oil Council Russia
*SGS: 325,601 vs 548,379 (-222,778 or down 40.62%)*
AmSpec: 318,928 vs 544,059 (-225,131 or down 41.38%)
ITS: 334,750 vs 572,689 (-237,939 or down 41.55%)
By: via Malaysian Palm Oil Council Russia
воскресенье, 9 января 2022 г.
Malaysian Palm Oil Council Russia's Post
Malaysia 1-10 Jan 2022 vs 1-10 Dec 2021 exports (in mt)
*AmSpec*: 318,928 vs 544,059 (-225,131 or -41.38%)
*ITS*: 334,750 vs 572,689 (-237,939 or -41.55%)
By: via Malaysian Palm Oil Council Russia
*AmSpec*: 318,928 vs 544,059 (-225,131 or -41.38%)
*ITS*: 334,750 vs 572,689 (-237,939 or -41.55%)
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
*Dec Prodn est:*
MPOB:
Pen Msia 730k (-14.8%)
Sabah 380k (-9.0%)
Sarawak 341k (-5.59%)
Total 1.451m (-11.26%)
MPOA:
Pen. Msia : -13.15%
Sabah : -9.82%
Sarawak : -4.67%
East Msia : -8.58%
Malaysia : -11.38% (est 1.45m mt)
SPPOMA:
Yield : -8.60%
OER : +0.02%
Prod : -8.50%
*Dec Export est:*
MPOB : 1,414,566mt (-3.48%)
SGS : 1,564,445mt (-6.94%)
AmSpec : 1,491,985mt (-5.11%)
ITS : 1,581,110mt (-5.25%)
By: via Malaysian Palm Oil Council Russia
MPOB:
Pen Msia 730k (-14.8%)
Sabah 380k (-9.0%)
Sarawak 341k (-5.59%)
Total 1.451m (-11.26%)
MPOA:
Pen. Msia : -13.15%
Sabah : -9.82%
Sarawak : -4.67%
East Msia : -8.58%
Malaysia : -11.38% (est 1.45m mt)
SPPOMA:
Yield : -8.60%
OER : +0.02%
Prod : -8.50%
*Dec Export est:*
MPOB : 1,414,566mt (-3.48%)
SGS : 1,564,445mt (-6.94%)
AmSpec : 1,491,985mt (-5.11%)
ITS : 1,581,110mt (-5.25%)
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Soybean Imports Trend and in China and its Impact on Palm Oil
https://mpoc.org.my/soybean-imports-trend-and-in-china-and-its-impact-on-palm-oil/
Introduction The Y-o-Y growth of soybean import in China has moved from positive to negative in 2021, as the Jan-Oct period import of soybean dropped by 4.9% against the positive growth of 8.7% recorded in 1H2021 (Tables 1 & 2). This is a surprising development as it was widely anticipated that there will be a […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/soybean-imports-trend-and-in-china-and-its-impact-on-palm-oil/
Introduction The Y-o-Y growth of soybean import in China has moved from positive to negative in 2021, as the Jan-Oct period import of soybean dropped by 4.9% against the positive growth of 8.7% recorded in 1H2021 (Tables 1 & 2). This is a surprising development as it was widely anticipated that there will be a […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
*MPOB S&D Dec'21 vs Nov'21:*
Prodn 1.451m vs 1.635m (-11.26%)
Impt 103k vs 98k
Expt 1.415m vs 1.466m (-3.48%)
LDsp 373k vs 285k
Stks 1.583m vs 1.817m (-12.88%)
**
CIMB Poll:
Prodn 1.50m (-8.1%)
Impt 97k
Expt 1.38m (-5.7%)
LDsp 282k
Stks 1.75m (-3.6%)
Reuters Poll:
Prodn 1.49m (-8.6%)
Impt 87k
Expt 1.40m (-4.9%)
LDsp 273k
Stks 1.73m (-4.9%)
Bloomberg Poll:
Prodn 1.47m (-9.8%)
Impt 80k
Expt 1.40m (-4.8%)
LDsp 250k-290k
Stks 1.70m (-6.6%)
By: via Malaysian Palm Oil Council Russia
Prodn 1.451m vs 1.635m (-11.26%)
Impt 103k vs 98k
Expt 1.415m vs 1.466m (-3.48%)
LDsp 373k vs 285k
Stks 1.583m vs 1.817m (-12.88%)
**
CIMB Poll:
Prodn 1.50m (-8.1%)
Impt 97k
Expt 1.38m (-5.7%)
LDsp 282k
Stks 1.75m (-3.6%)
Reuters Poll:
Prodn 1.49m (-8.6%)
Impt 87k
Expt 1.40m (-4.9%)
LDsp 273k
Stks 1.73m (-4.9%)
Bloomberg Poll:
Prodn 1.47m (-9.8%)
Impt 80k
Expt 1.40m (-4.8%)
LDsp 250k-290k
Stks 1.70m (-6.6%)
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm slips ahead of MPOB, cargo surveyor data
KUALA LUMPUR, Jan 10 (Reuters) - Malaysian palm oil futures eased on Monday ahead of key official and cargo surveyor data, with market participants anticipating a sharp drop in January exports so far.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange slid 13 ringgit, or 0.26%, to 4,980 ringgit ($1,186.00) a tonne in early trade after rising for three consecutive weeks.
FUNDAMENTALS
The Malaysian Palm Oil Board (MPOB) is scheduled to release its December supply and demand data later in the day. Cargo surveyors will also report export data for Jan. 1-10 later.
A Reuters poll last week pegged December inventories to decline 4.9% month-on-month to 1.73 million tonnes, but traders are expecting a sharper drop after the Malaysian Palm Oil Association estimated a steeper fall in production.
Exports during Jan. 1-10 likely declined about 40% from the previous month, traders said.
Dalian's most-active soyoil contract DBYcv1 gained 0.6%, while its palm oil contract DCPcv1 rose 0.2%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.5%.
Palm oil still targets 5,094 ringgit per tonne, as suggested by its wave pattern, Reuters technical analyst Wang Tao said.
MARKET NEWS
Major share markets were muted as investors count down to another U.S. inflation reading that could well set the seal on an early rate hike from the Federal Reserve, lifting bond yields and punishing tech stocks.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 10 (Reuters) - Malaysian palm oil futures eased on Monday ahead of key official and cargo surveyor data, with market participants anticipating a sharp drop in January exports so far.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange slid 13 ringgit, or 0.26%, to 4,980 ringgit ($1,186.00) a tonne in early trade after rising for three consecutive weeks.
FUNDAMENTALS
The Malaysian Palm Oil Board (MPOB) is scheduled to release its December supply and demand data later in the day. Cargo surveyors will also report export data for Jan. 1-10 later.
A Reuters poll last week pegged December inventories to decline 4.9% month-on-month to 1.73 million tonnes, but traders are expecting a sharper drop after the Malaysian Palm Oil Association estimated a steeper fall in production.
Exports during Jan. 1-10 likely declined about 40% from the previous month, traders said.
Dalian's most-active soyoil contract DBYcv1 gained 0.6%, while its palm oil contract DCPcv1 rose 0.2%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.5%.
Palm oil still targets 5,094 ringgit per tonne, as suggested by its wave pattern, Reuters technical analyst Wang Tao said.
MARKET NEWS
Major share markets were muted as investors count down to another U.S. inflation reading that could well set the seal on an early rate hike from the Federal Reserve, lifting bond yields and punishing tech stocks.
By: via Malaysian Palm Oil Council Russia
пятница, 7 января 2022 г.
Malaysian Palm Oil Council Russia's Post
*MPOA 1-31st Dec Prodn est:*
Pen. Msia : -13.15%
Sabah : -9.82%
Sarawak : -4.67%
East Msia : -8.58%
*Malaysia : -11.38% (1.45mil)*
MPOA 1-20th Dec Prodn est:
Pen Msia : -14.01%
Sabah : -13.31%
Sarawak : -7.28%
East Msia : -11.80%
Malaysia : -13.18%
-----------------------------------
SPPOMA: 1-31st Dec 21
Overall Summary :
Yield : -8.60%
OER : +0.02%
Prod : -8.50%
-----------------------------------
CIMB Poll Dec'21 vs Nov'21 MPOB:
Prodn 1.50m vs 1.64m (-8.1%)
Impt 97k vs 97k
Expt 1.38m vs 1.47m (-5.7%)
LDsp 282k vs 282k
Stks 1.75m vs 1.82m (-3.6%)
Reuters Poll MPOB:
Prodn 1.49m (-8.6%)
Impt 87k
Expt 1.40m (-4.9%)
LDsp 273k
Stks 1.73m (-4.9%)
Bloomberg Poll MPOB:
Prodn 1.47m (-9.8%)
Impt 80k
Expt 1.40m (-4.8%)
LDsp 250k-290k
Stks 1.70m (-6.6%)
By: via Malaysian Palm Oil Council Russia
Pen. Msia : -13.15%
Sabah : -9.82%
Sarawak : -4.67%
East Msia : -8.58%
*Malaysia : -11.38% (1.45mil)*
MPOA 1-20th Dec Prodn est:
Pen Msia : -14.01%
Sabah : -13.31%
Sarawak : -7.28%
East Msia : -11.80%
Malaysia : -13.18%
-----------------------------------
SPPOMA: 1-31st Dec 21
Overall Summary :
Yield : -8.60%
OER : +0.02%
Prod : -8.50%
-----------------------------------
CIMB Poll Dec'21 vs Nov'21 MPOB:
Prodn 1.50m vs 1.64m (-8.1%)
Impt 97k vs 97k
Expt 1.38m vs 1.47m (-5.7%)
LDsp 282k vs 282k
Stks 1.75m vs 1.82m (-3.6%)
Reuters Poll MPOB:
Prodn 1.49m (-8.6%)
Impt 87k
Expt 1.40m (-4.9%)
LDsp 273k
Stks 1.73m (-4.9%)
Bloomberg Poll MPOB:
Prodn 1.47m (-9.8%)
Impt 80k
Expt 1.40m (-4.8%)
LDsp 250k-290k
Stks 1.70m (-6.6%)
By: via Malaysian Palm Oil Council Russia
четверг, 6 января 2022 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm oil gains, set for third weekly rise on output worries
KUALA LUMPUR, Jan 7 (Reuters) - Malaysian palm oil futures rose on Friday, setting it on course for a third straight weekly gain, supported by concerns over adverse weather hurting output of palm and rival soyoil.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange gained 43 ringgit, or 0.86%, to 5,028 ringgit ($1,195.72) a tonne in early trade.
It had gained 0.48% overnight and is set for a 7% weekly jump.
FUNDAMENTALS
The Southern Peninsula Palm Oil Millers' Association estimated production during Jan. 1-5 fell 45.8% from the same period in December, traders said on Thursday.
Market is eyeing industy data to assess the impact on production after flooding in recent weeks disrupted harvesting activities in several states.
Brazilian soybean prices have climbed past last year's highs, as hopes for another record harvest are dashed by hot and dry weather in southern states, agribusiness consultancy AgRural said.
Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.2%. Dalian's most-active soyoil contract DBYcv1 rose 0.6%, while its palm oil contract DCPcv1 also gained 0.6%.
Palm oil may rise to 5,094 ringgit per tonne, as it has cleared a resistance at 5,001 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares snapped two sessions of losses, climbing as investors waited to see whether U.S. jobs data due later in the day would reinforce the need for faster U.S. interest rate hikes.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 7 (Reuters) - Malaysian palm oil futures rose on Friday, setting it on course for a third straight weekly gain, supported by concerns over adverse weather hurting output of palm and rival soyoil.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange gained 43 ringgit, or 0.86%, to 5,028 ringgit ($1,195.72) a tonne in early trade.
It had gained 0.48% overnight and is set for a 7% weekly jump.
FUNDAMENTALS
The Southern Peninsula Palm Oil Millers' Association estimated production during Jan. 1-5 fell 45.8% from the same period in December, traders said on Thursday.
Market is eyeing industy data to assess the impact on production after flooding in recent weeks disrupted harvesting activities in several states.
Brazilian soybean prices have climbed past last year's highs, as hopes for another record harvest are dashed by hot and dry weather in southern states, agribusiness consultancy AgRural said.
Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.2%. Dalian's most-active soyoil contract DBYcv1 rose 0.6%, while its palm oil contract DCPcv1 also gained 0.6%.
Palm oil may rise to 5,094 ringgit per tonne, as it has cleared a resistance at 5,001 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares snapped two sessions of losses, climbing as investors waited to see whether U.S. jobs data due later in the day would reinforce the need for faster U.S. interest rate hikes.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
The Pechersk court seized all of Poroshenko (former president of Ukraine, a confectionary billioner) property
By: via Malaysian Palm Oil Council Russia
By: via Malaysian Palm Oil Council Russia
среда, 5 января 2022 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm falls more than 1% after four-day run
KUALA LUMPUR, Jan 6 (Reuters) - Malaysian palm oil futures fell more than 1% on Thursday after four straight sessions of gains, but expectations of tightening inventories kept a floor under prices.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange slid 66 ringgit, or 1.31%, to 4,670 ringgit ($1,111.90) a tonne in early trade. It fell 0.28% overnight.
FUNDAMENTALS
The U.S. Department of Agriculture trimmed its 2021/22 crude palm oil production forecast for Malaysia to 18 million tonnes from 18.2 million tonnes, due to the effect of adverse weather from the super typhoon Rai and labour shortages.
Export is forecast to recover slightly to 16.3 million metric tonnes, though the recovery will continue to be restrained by production limitation and how quickly Malaysia is able to resolve the labour issue, the agency said in a report.
Dalian's most-active soyoil contract DBYcv1 fell 0.8%, while its palm oil contract DCPcv1 slipped 0.5%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 1.2%.
Palm oil may drop to 4,956 ringgit per tonne, due to the completion of a five-wave cycle from 4,668 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
U.S. stocks slid and Treasury yields jumped after meeting minutes released by the Federal Reserve indicated that it might not only raise interest rates sooner than expected but could also reduce its overall asset holdings to tame high inflation.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 6 (Reuters) - Malaysian palm oil futures fell more than 1% on Thursday after four straight sessions of gains, but expectations of tightening inventories kept a floor under prices.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange slid 66 ringgit, or 1.31%, to 4,670 ringgit ($1,111.90) a tonne in early trade. It fell 0.28% overnight.
FUNDAMENTALS
The U.S. Department of Agriculture trimmed its 2021/22 crude palm oil production forecast for Malaysia to 18 million tonnes from 18.2 million tonnes, due to the effect of adverse weather from the super typhoon Rai and labour shortages.
Export is forecast to recover slightly to 16.3 million metric tonnes, though the recovery will continue to be restrained by production limitation and how quickly Malaysia is able to resolve the labour issue, the agency said in a report.
Dalian's most-active soyoil contract DBYcv1 fell 0.8%, while its palm oil contract DCPcv1 slipped 0.5%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 1.2%.
Palm oil may drop to 4,956 ringgit per tonne, due to the completion of a five-wave cycle from 4,668 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
U.S. stocks slid and Treasury yields jumped after meeting minutes released by the Federal Reserve indicated that it might not only raise interest rates sooner than expected but could also reduce its overall asset holdings to tame high inflation.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Malaysia end-Dec palm oil stocks seen at 5-month low as output plunges
https://mpoc.org.my/malaysia-end-dec-palm-oil-stocks-seen-at-5-month-low-as-output-plunges/
KUALA LUMPUR, Jan 5 (Reuters) – Malaysia’s palm oil inventories at the end of December likely shrunk to their lowest in five months, squeezed by a slump in production, a Reuters survey showed on Wednesday. Stocks at the world’s second-largest producer are forecast to fall 4.9% from the previous month to 1.73 million tonnes, according […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/malaysia-end-dec-palm-oil-stocks-seen-at-5-month-low-as-output-plunges/
KUALA LUMPUR, Jan 5 (Reuters) – Malaysia’s palm oil inventories at the end of December likely shrunk to their lowest in five months, squeezed by a slump in production, a Reuters survey showed on Wednesday. Stocks at the world’s second-largest producer are forecast to fall 4.9% from the previous month to 1.73 million tonnes, according […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Indonesia will subsidise 1.2 bln litres of cooking oil to cool prices - Reuters News
05-Jan-2022 05:37:49 PM
JAKARTA, Jan 5 (Reuters) - Indonesia will offer 1.2 billion litres of cooking oil at a subsidised price to consumers, the government said on Wednesday, in a bid to rein in inflation that hit a high last month on the back of a commodity boom.
The government will spend 3.6 trillion rupiah ($250.78 million) on the subsidy that will be funded from a levy on palm oil exports, chief economics minister Airlangga Hartarto and trade minister Muhammad Lutfi told a joint news conference.
Cooking oil prices have jumped significantly, due to an uptrend in palm oil prices.
Under the subsidy plan, the government will sell cooking oil at 14,000 rupiah a litre, Hartarto said. Branded cooking oil is priced more than 20,000 rupiah a litre.
High cooking oil prices, along with rising prices of eggs and chillies, were the main drivers of inflation. December's 1.87% inflation rate was the highest in 18 months, albeit still below the central bank's 2% to 4% target range.
The government is concerned rising prices could disrupt an economic recovery from the COVID-19 pandemic.
Lutfi said 70 cooking oil producers will be involved in the cooking oil subsidy programme. He did not name them.
($1 = 14,355.0000 rupiah)
By: via Malaysian Palm Oil Council Russia
05-Jan-2022 05:37:49 PM
JAKARTA, Jan 5 (Reuters) - Indonesia will offer 1.2 billion litres of cooking oil at a subsidised price to consumers, the government said on Wednesday, in a bid to rein in inflation that hit a high last month on the back of a commodity boom.
The government will spend 3.6 trillion rupiah ($250.78 million) on the subsidy that will be funded from a levy on palm oil exports, chief economics minister Airlangga Hartarto and trade minister Muhammad Lutfi told a joint news conference.
Cooking oil prices have jumped significantly, due to an uptrend in palm oil prices.
Under the subsidy plan, the government will sell cooking oil at 14,000 rupiah a litre, Hartarto said. Branded cooking oil is priced more than 20,000 rupiah a litre.
High cooking oil prices, along with rising prices of eggs and chillies, were the main drivers of inflation. December's 1.87% inflation rate was the highest in 18 months, albeit still below the central bank's 2% to 4% target range.
The government is concerned rising prices could disrupt an economic recovery from the COVID-19 pandemic.
Lutfi said 70 cooking oil producers will be involved in the cooking oil subsidy programme. He did not name them.
($1 = 14,355.0000 rupiah)
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Reuters Survey of MPOB Dec 2021 data (in tonnes) :
Prodn 1.49 mln (-8.6%)
End stocks 1.73 mln (-4.9%)
Exports 1.40 (-4.9%)
Imports 86,500 (-10.9%)
Domestic use 272,694 (-3.4%)
By: via Malaysian Palm Oil Council Russia
Prodn 1.49 mln (-8.6%)
End stocks 1.73 mln (-4.9%)
Exports 1.40 (-4.9%)
Imports 86,500 (-10.9%)
Domestic use 272,694 (-3.4%)
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Bloomberg Poll Dec'21 vs Nov'21 MPOB:
Prodn 1.47m vs 1.63m (-9.8%)
Impt 80k vs 97k
Expt 1.40m vs 1.47m (-4.8%)
LDsp 250k-290k vs 282k
Stks 1.70m vs 1.82m (-6.6%)
By: via Malaysian Palm Oil Council Russia
Prodn 1.47m vs 1.63m (-9.8%)
Impt 80k vs 97k
Expt 1.40m vs 1.47m (-4.8%)
LDsp 250k-290k vs 282k
Stks 1.70m vs 1.82m (-6.6%)
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Malaysia aims to fully implement B20 biodiesel mandate by year-end - Reuters
05-Jan-2022 04:35:33 PM
KUALA LUMPUR, Jan 5 (Reuters) - Malaysia plans to implement its nationwide adoption of the B20 palm oil biofuel programme by the end of 2022, the country's palm oil board said on Wednesday.
The mandate to manufacture biofuel with a 20% palm oil component - known as B20 - for the transport sector was first rolled out in January 2020 but faced delays due to movement curbs imposed to contain coronavirus outbreaks.
"We will do it stage-by-stage basis depending on the government's financial capabilities," Ravi Muthayah, the commodities ministry's secretary general said during a semina
By: via Malaysian Palm Oil Council Russia
05-Jan-2022 04:35:33 PM
KUALA LUMPUR, Jan 5 (Reuters) - Malaysia plans to implement its nationwide adoption of the B20 palm oil biofuel programme by the end of 2022, the country's palm oil board said on Wednesday.
The mandate to manufacture biofuel with a 20% palm oil component - known as B20 - for the transport sector was first rolled out in January 2020 but faced delays due to movement curbs imposed to contain coronavirus outbreaks.
"We will do it stage-by-stage basis depending on the government's financial capabilities," Ravi Muthayah, the commodities ministry's secretary general said during a semina
By: via Malaysian Palm Oil Council Russia
вторник, 4 января 2022 г.
Malaysian Palm Oil Council Russia's Post
Promoting Malaysian Palm Oil to the World
https://mpoc.org.my/promoting-msian-palm-oil-to-the-world/
PALM oil is a key driver of Malaysia’s agriculture and agro-based sectors, generating approximately RM91.4bil in export revenue and sold in more than 180 countries between January and November 2021. According to Plantation Industries and Commodities Minister Zuraida Kamaruddin, the palm oil industry is a strong, resilient and innovative industry that is of strategic importance […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/promoting-msian-palm-oil-to-the-world/
PALM oil is a key driver of Malaysia’s agriculture and agro-based sectors, generating approximately RM91.4bil in export revenue and sold in more than 180 countries between January and November 2021. According to Plantation Industries and Commodities Minister Zuraida Kamaruddin, the palm oil industry is a strong, resilient and innovative industry that is of strategic importance […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm hits six-week high on shrinking stocks forecast
KUALA LUMPUR, Jan 5 (Reuters) - Malaysian palm oil futures rose for fourth straight session on Wednesday, hitting a six-week high, as surveys estimate a drop in December inventories and production.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange gained 44 ringgit, or 0.9%, to 4,958 ringgit ($1,183.29) a tonne during early trade, its highest since Nov. 25.
It had gained 0.46% during overnight trade.
FUNDAMENTALS
Malaysia's palm oil inventories at the end of December likely shrunk 4.9% from the previous month to 1.73 million tonnes, their lowest in five months, a Reuters survey ahead of Malaysian Palm Oil Board data showed.
Production is pegged to fall 8.6% to 1.49 million tonnes, while exports are seen declining 4.9% to 1.4 million tonnes.
Dalian's most-active soyoil contract DBYcv1 rose 1.5%, while its palm oil contract DCPcv1 gained 1.9%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 0.12%.
Palm oil faces a resistance at 4,948 ringgit per tonne, a break above could lead to a gain into the 4,994-5,069 ringgit range, Reuters technical analyst Wang Tao said.
MARKET NEWS
Wall Street's optimistic start to the New Year continued on Tuesday as prices for some stocks, oil and the dollar advanced, but investors dialled back risk-taking elsewhere as data showed U.S. manufacturing slowed and COVID-19 spread.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 5 (Reuters) - Malaysian palm oil futures rose for fourth straight session on Wednesday, hitting a six-week high, as surveys estimate a drop in December inventories and production.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange gained 44 ringgit, or 0.9%, to 4,958 ringgit ($1,183.29) a tonne during early trade, its highest since Nov. 25.
It had gained 0.46% during overnight trade.
FUNDAMENTALS
Malaysia's palm oil inventories at the end of December likely shrunk 4.9% from the previous month to 1.73 million tonnes, their lowest in five months, a Reuters survey ahead of Malaysian Palm Oil Board data showed.
Production is pegged to fall 8.6% to 1.49 million tonnes, while exports are seen declining 4.9% to 1.4 million tonnes.
Dalian's most-active soyoil contract DBYcv1 rose 1.5%, while its palm oil contract DCPcv1 gained 1.9%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 0.12%.
Palm oil faces a resistance at 4,948 ringgit per tonne, a break above could lead to a gain into the 4,994-5,069 ringgit range, Reuters technical analyst Wang Tao said.
MARKET NEWS
Wall Street's optimistic start to the New Year continued on Tuesday as prices for some stocks, oil and the dollar advanced, but investors dialled back risk-taking elsewhere as data showed U.S. manufacturing slowed and COVID-19 spread.
By: via Malaysian Palm Oil Council Russia
понедельник, 3 января 2022 г.
Malaysian Palm Oil Council Russia's Post
Maybank IB: Malaysia’s average CPO spot price up 53% y-o-y to RM5,171 in 4Q21
https://mpoc.org.my/maybank-ib-malaysias-average-cpo-spot-price-up-53-y-o-y-to-rm5171-in-4q21/
KUALA LUMPUR (Jan 4): Malaysia’s crude palm oil (CPO) spot price averaged at RM5,171 in fourth quarter of 2021 (4Q21), an increase of 53% year-on-year (y-o-y) or an improvement of 17% quarter-on-quarter (q-o-q), said an analyst. In a research note, Maybank Investment Bank (Maybank IB) Research analyst Ong Chee Ting said the recent high prices […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/maybank-ib-malaysias-average-cpo-spot-price-up-53-y-o-y-to-rm5171-in-4q21/
KUALA LUMPUR (Jan 4): Malaysia’s crude palm oil (CPO) spot price averaged at RM5,171 in fourth quarter of 2021 (4Q21), an increase of 53% year-on-year (y-o-y) or an improvement of 17% quarter-on-quarter (q-o-q), said an analyst. In a research note, Maybank Investment Bank (Maybank IB) Research analyst Ong Chee Ting said the recent high prices […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm oil firms as floods spark production concerns
KUALA LUMPUR, Jan 4 (Reuters) - Malaysian palm oil futures extended gains for the third straight session on Tuesday, hovering near a more than three-week high, as worsening floods added to worries over a larger-than-expected decline in production.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange gained 5 ringgit, or 0.1%, to 4,862 ringgit ($1,163.16) a tonne during early trade.
It fell 0.66% during overnight trade, after starting the year up 3.4%.
FUNDAMENTALS
Supplies remain tight due to wet weather in Peninsular Malaysia and Sabah amid the Northeast monsoon season that has led to widespread flooding, with industry data estimating output 8.5% lower for December versus November, according to Refinitiv Commodities Research.
Persistently high palm oil prices and renewed lockdowns to combat the Omicron coronavirus variant have hurt demand, Refinitiv said.
Exports of Malaysian palm oil products for December fell 5.3% from November, cargo surveyor Intertek Testing Services said on Friday.
Dalian's most-active soyoil contract DBYcv1 gained 0.8%, while its palm oil contract DCPcv1 rose 1.8%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.4%.
Palm oil may retest a resistance at 4,873 ringgit per tonne, a break above which could lead to a gain to 4,948 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian stocks were firmer on Tuesday following Wall Street's record highs on its first trading day of 2022, despite worries that the Omicron variant could put the brakes on global economic recovery.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 4 (Reuters) - Malaysian palm oil futures extended gains for the third straight session on Tuesday, hovering near a more than three-week high, as worsening floods added to worries over a larger-than-expected decline in production.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange gained 5 ringgit, or 0.1%, to 4,862 ringgit ($1,163.16) a tonne during early trade.
It fell 0.66% during overnight trade, after starting the year up 3.4%.
FUNDAMENTALS
Supplies remain tight due to wet weather in Peninsular Malaysia and Sabah amid the Northeast monsoon season that has led to widespread flooding, with industry data estimating output 8.5% lower for December versus November, according to Refinitiv Commodities Research.
Persistently high palm oil prices and renewed lockdowns to combat the Omicron coronavirus variant have hurt demand, Refinitiv said.
Exports of Malaysian palm oil products for December fell 5.3% from November, cargo surveyor Intertek Testing Services said on Friday.
Dalian's most-active soyoil contract DBYcv1 gained 0.8%, while its palm oil contract DCPcv1 rose 1.8%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.4%.
Palm oil may retest a resistance at 4,873 ringgit per tonne, a break above which could lead to a gain to 4,948 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian stocks were firmer on Tuesday following Wall Street's record highs on its first trading day of 2022, despite worries that the Omicron variant could put the brakes on global economic recovery.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Palm Oil Bulls to Roar Into 2022 on Labor Crunch, La Nina Deluge
Home | Palm Oil Analytics (RSS)
Palm Oil Bulls to Roar Into 2022 on Labor Crunch, La Nina Deluge
By: via Malaysian Palm Oil Council Russia
Home | Palm Oil Analytics (RSS)
Palm Oil Bulls to Roar Into 2022 on Labor Crunch, La Nina Deluge
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Palm oil prices to stay high as fertiliser costs limit output, says CPOPC
https://mpoc.org.my/palm-oil-prices-to-stay-high-as-fertiliser-costs-limit-output-says-cpopc/
KUALA LUMPUR, Jan 2 (Reuters): Palm prices are expected to stay strong next year as production will remain constrained due to soaring fertiliser costs and long-standing labour shortages, the Council of Palm Oil Producing Countries (CPOPC) had announced. The sector, which is already facing sluggish yields after farmers reduced fertiliser usage in 2018 and 2019, […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/palm-oil-prices-to-stay-high-as-fertiliser-costs-limit-output-says-cpopc/
KUALA LUMPUR, Jan 2 (Reuters): Palm prices are expected to stay strong next year as production will remain constrained due to soaring fertiliser costs and long-standing labour shortages, the Council of Palm Oil Producing Countries (CPOPC) had announced. The sector, which is already facing sluggish yields after farmers reduced fertiliser usage in 2018 and 2019, […]
By: via Malaysian Palm Oil Council Russia
воскресенье, 2 января 2022 г.
Malaysian Palm Oil Council Russia's Post
Resurgence of Malaysian Palm Oil in India
https://mpoc.org.my/resurgence-of-malaysian-palm-oil-in-india/
The New Year began with hope, as India was slowly getting back on its feet from the economic havoc caused by COVID-19 last year. The initial months of 2021 witnessed economic growth and development but a rapid surge in COVID-19 cases in the second quarter led to a second wave. No strict lockdowns were implemented […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/resurgence-of-malaysian-palm-oil-in-india/
The New Year began with hope, as India was slowly getting back on its feet from the economic havoc caused by COVID-19 last year. The initial months of 2021 witnessed economic growth and development but a rapid surge in COVID-19 cases in the second quarter led to a second wave. No strict lockdowns were implemented […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm starts new year with 2% jump amid prospects of tight output
KUALA LUMPUR, Jan 3 (Reuters) - Malaysian palm oil futures climbed on Monday to start the new year on a strong note, bolstered by expectations of tight production in the first half of 2022.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange gained 100 ringgit, or 2.13%, to 4,797 ringgit ($1,150.64) a tonne in early trade.
Palm logged its third straight annual gain last week, rising 30.7% in 2021 as a pandemic-fuelled labour shortage hammered output in the world's second-largest producer while demand picked up after countries eased lockdowns. Prices are set to average around 4,149.57 ringgit ($995.34) this year.
FUNDAMENTALS
Concerns about floods affecting production are likely to set in and cushion selling activities seen last week, a Kuala Lumpur-based trader said.
Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.58%. The Dalian Commodity Exchange is closed on Monday for the new year holiday.
Palm prices are expected to stay strong in 2022 as production will remain constrained due to soaring fertiliser costs and long-standing labour shortages, the Council of Palm Oil Producing Countries said last week.
Oil prices rose as the market kicked off 2022 on a positive note, although concerns over demand waning due to rapidly spreading COVID-19 pandemic limited gains.
Stronger crude oil futures make palm a more attractive option for biodiesel feedstock.
Palm oil remains neutral in a range of 4,676 ringgit to 4,751 ringgit per tonne, and an escape could suggest a direction, Reuters technical analyst Wang Tao said.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Jan 3 (Reuters) - Malaysian palm oil futures climbed on Monday to start the new year on a strong note, bolstered by expectations of tight production in the first half of 2022.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange gained 100 ringgit, or 2.13%, to 4,797 ringgit ($1,150.64) a tonne in early trade.
Palm logged its third straight annual gain last week, rising 30.7% in 2021 as a pandemic-fuelled labour shortage hammered output in the world's second-largest producer while demand picked up after countries eased lockdowns. Prices are set to average around 4,149.57 ringgit ($995.34) this year.
FUNDAMENTALS
Concerns about floods affecting production are likely to set in and cushion selling activities seen last week, a Kuala Lumpur-based trader said.
Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.58%. The Dalian Commodity Exchange is closed on Monday for the new year holiday.
Palm prices are expected to stay strong in 2022 as production will remain constrained due to soaring fertiliser costs and long-standing labour shortages, the Council of Palm Oil Producing Countries said last week.
Oil prices rose as the market kicked off 2022 on a positive note, although concerns over demand waning due to rapidly spreading COVID-19 pandemic limited gains.
Stronger crude oil futures make palm a more attractive option for biodiesel feedstock.
Palm oil remains neutral in a range of 4,676 ringgit to 4,751 ringgit per tonne, and an escape could suggest a direction, Reuters technical analyst Wang Tao said.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
CPO futures to trade range-bound
https://mpoc.org.my/cpo-futures-to-trade-range-bound/
PETALING JAYA: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in range-bound mode this week, as market players lack movement catalysts. Palm oil trader David Ng said the traders lacked fresh leads, mainly on production and export data for this month. “Basically, market players lack any news catalyst […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/cpo-futures-to-trade-range-bound/
PETALING JAYA: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in range-bound mode this week, as market players lack movement catalysts. Palm oil trader David Ng said the traders lacked fresh leads, mainly on production and export data for this month. “Basically, market players lack any news catalyst […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Vegoils commentary: Palm futures surge 4% on supply concerns, CBOT closed
Home | Palm Oil Analytics (RSS)
Vegoils commentary: Palm futures surge 4% on supply concerns, CBOT closed
By: via Malaysian Palm Oil Council Russia
Home | Palm Oil Analytics (RSS)
Vegoils commentary: Palm futures surge 4% on supply concerns, CBOT closed
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
India suspends futures trading for key commodities for one year
Home | Palm Oil Analytics (RSS)
India suspends futures trading for key commodities for one year
By: via Malaysian Palm Oil Council Russia
Home | Palm Oil Analytics (RSS)
India suspends futures trading for key commodities for one year
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
CPO futures rebound to close higher
Home | Palm Oil Analytics (RSS)
CPO futures rebound to close higher
By: via Malaysian Palm Oil Council Russia
Home | Palm Oil Analytics (RSS)
CPO futures rebound to close higher
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Vegoils commentary: Palm and CBOT trend lower on wider selling
Home | Palm Oil Analytics (RSS)
Vegoils commentary: Palm and CBOT trend lower on wider selling
By: via Malaysian Palm Oil Council Russia
Home | Palm Oil Analytics (RSS)
Vegoils commentary: Palm and CBOT trend lower on wider selling
By: via Malaysian Palm Oil Council Russia
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