На XIV Молочную Олимпиаду, которая в этом году пройдет в одном из самых колоритных, красивых и современных мест Ташкента (Узбекистан) с 21 по 26 мая 2023 года, приедет Станислав Останин, генеральный директор ТОО "DeLaval" по странам Центральной Азии и Кавказа.
Регистрация на мероприятие доступна на официальном сайте Молочной Олимпиады ПО ССЫЛКЕ.
By: via Malaysian Palm Oil Council Russia
пятница, 31 марта 2023 г.
четверг, 30 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm sees correction but heads for weekly gain amid supply concern
JAKARTA, March 31 (Reuters) - Malaysian palm oil futures eased in early trade on Friday after four days of gains on profit taking, but are set for a weekly rise amid output concerns.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange fell 0.98% to 3,751 ringgit ($851.34) early in the session, erasing some of the 7.67% gains over the past four days.
The contract posted a 6.84% rise so far this week, but is on track to post a monthly loss.
FUNDAMENTALS
Cargo surveyors are scheduled to release March exports data later on Friday.
Malaysia's palm oil output is expected to decline after a miller's association estimated a 22.9% decline in output from March 1-25, analysts said.
Dalian's most-active soyoil contract DBYv1 gained 1.41%, while its palm oil contract DCPv1 rose 0.50%. Soyoil prices on the Chicago Board of Trade BOc2 dropped 0.26%.
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 extend gains to 3,853 ringgit per tonne, to complete a bounce from 3,500 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares were headed for a second quarterly gain on Friday while bonds were enjoying the best month since 2008, but the market braced for a stormy session after an upside surprise in German CPI raised the stakes for U.S. inflation data.
By: via Malaysian Palm Oil Council Russia
JAKARTA, March 31 (Reuters) - Malaysian palm oil futures eased in early trade on Friday after four days of gains on profit taking, but are set for a weekly rise amid output concerns.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange fell 0.98% to 3,751 ringgit ($851.34) early in the session, erasing some of the 7.67% gains over the past four days.
The contract posted a 6.84% rise so far this week, but is on track to post a monthly loss.
FUNDAMENTALS
Cargo surveyors are scheduled to release March exports data later on Friday.
Malaysia's palm oil output is expected to decline after a miller's association estimated a 22.9% decline in output from March 1-25, analysts said.
Dalian's most-active soyoil contract DBYv1 gained 1.41%, while its palm oil contract DCPv1 rose 0.50%. Soyoil prices on the Chicago Board of Trade BOc2 dropped 0.26%.
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 extend gains to 3,853 ringgit per tonne, to complete a bounce from 3,500 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares were headed for a second quarterly gain on Friday while bonds were enjoying the best month since 2008, but the market braced for a stormy session after an upside surprise in German CPI raised the stakes for U.S. inflation data.
By: via Malaysian Palm Oil Council Russia
вторник, 28 марта 2023 г.
понедельник, 27 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
Indonesia’s end-Jan palm oil stocks dip on lower production, higher exports
Palm oil stock levels in Indonesia fell in January on the back of flat to lower production and firmer exports to 3.099 million mt, data from the Indonesia Palm Oil Association (Gapki) showed Monday.
This was 13% lower compared to December, and 34% less compared to levels in January 2022.
By: via Malaysian Palm Oil Council Russia
Palm oil stock levels in Indonesia fell in January on the back of flat to lower production and firmer exports to 3.099 million mt, data from the Indonesia Palm Oil Association (Gapki) showed Monday.
This was 13% lower compared to December, and 34% less compared to levels in January 2022.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Alberta daily canola price as of March 27
March 27 (Reuters) - Closing Canola Average Prices (per tonne, in Canadian dollars) as of March 27 2023:
Region March 27 March 24 March 23
Peace 752.38 743.13 734.93
North Alta 760.81 751.48 743.32
South Alta 759.52 750.43 742.33
By: via Malaysian Palm Oil Council Russia
March 27 (Reuters) - Closing Canola Average Prices (per tonne, in Canadian dollars) as of March 27 2023:
Region March 27 March 24 March 23
Peace 752.38 743.13 734.93
North Alta 760.81 751.48 743.32
South Alta 759.52 750.43 742.33
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Против лома (санкций и курса доллара) нет приёма (технологий производства). Усилия агрономов тщетны на таком волатильном рынке. Экспорт "не считается" во многих аграрных регионах. Производство сельхозпродукции приравнивается к ставкам в казино: очень малая рентабельность отмерена аграриям при очень больших рисках. Сеем при USD = 76 рублей, покупая по этому курсу запчасти и СЗР, а продавать урожай будем при 50-60? Политика, в т.ч. монетарная, уничтожает аграрное производство в Черноморском регионе что ни сей.
Источник: Агроспикер
By: via Malaysian Palm Oil Council Russia
Источник: Агроспикер
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Малайзия стремится углубить сотрудничество с Индонезией для борьбы с «дискриминацией» в отношении пальмового масла. Две крупнейшие страны-производители продолжают совместно бороться с Европейской политикой протекционизма.
By: via Malaysian Palm Oil Council Russia
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
The International Federation for Human Rights (IFHR) wrote an open letter to the CEOs of numerous consumer packaged goods companies — including Pepsi, Nestle, Mondelez, Unilever, Procter & Gamble and others — imploring them to eliminate palm oil from their supply chains that comes from Indonesian conglomerate Astra Agro Lestari (AAR). Palm oil is used in a wide range of consumer goods, ranging from food and beauty products to biofuels.
By: via Malaysian Palm Oil Council Russia
By: via Malaysian Palm Oil Council Russia
пятница, 24 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
Минсельхоз может рекомендовать производителям подсолнечного масла, подсолнечника и пшеницы не поставлять свою продукцию на экспорт на фоне резкого снижения мировых цен. Стоимость подсолнечного масла снизилась с $1,1 тыс. до $800 за 1 т, подсолнечника — с $600 до $395 за 1 т.
By: via Malaysian Palm Oil Council Russia
By: via Malaysian Palm Oil Council Russia
четверг, 23 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm set for biggest weekly fall in 18 weeks
KUALA LUMPUR, March 24 (Reuters) - Malaysian palm oil futures were set on Friday for their biggest weekly drop in 18 weeks, as prices fell for a seventh session, weighed down by weakness in rival edible oils.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange slid 12 ringgit, or 0.34%, to 3,557 ringgit ($804.02) a tonne in early trade, hitting its lowest since Oct. 4.
For the week, the contract has slumped 9.3% so far.
FUNDAMENTALS
Malaysia maintained its April export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Thursday.
Dalian's most-active soyoil contract DBYcv1 fell 1.6%, while its palm oil contract DCPcv1 eased 1.2%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.9%.
Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
Oil prices fell on worries about potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve may take several years, making palm oil a less attractive option as biodiesel feedstock.
Palm oil may drop to 3,420 ringgit per tonne, as suggested by a projection analysis, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares were lower as lingering banking stability concerns gripped Wall Street, while bonds bet the recent slew of rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, March 24 (Reuters) - Malaysian palm oil futures were set on Friday for their biggest weekly drop in 18 weeks, as prices fell for a seventh session, weighed down by weakness in rival edible oils.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange slid 12 ringgit, or 0.34%, to 3,557 ringgit ($804.02) a tonne in early trade, hitting its lowest since Oct. 4.
For the week, the contract has slumped 9.3% so far.
FUNDAMENTALS
Malaysia maintained its April export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Thursday.
Dalian's most-active soyoil contract DBYcv1 fell 1.6%, while its palm oil contract DCPcv1 eased 1.2%. Soyoil prices on the Chicago Board of Trade BOcv1 were up 0.9%.
Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
Oil prices fell on worries about potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve may take several years, making palm oil a less attractive option as biodiesel feedstock.
Palm oil may drop to 3,420 ringgit per tonne, as suggested by a projection analysis, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares were lower as lingering banking stability concerns gripped Wall Street, while bonds bet the recent slew of rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Россия стала крупнейшим инвестором в Иран, вложив за текущий финансовый год 2,76 млрд долларов, сообщил Financial Times иранский министр экономики и финансов Эхсан Хандузи. Он отметил, что речь идет о финансировании проектов в горнодобывающем секторе, а также в сферах промышленности и транспорта.
By: via Malaysian Palm Oil Council Russia
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Tapping Into the Beauty Segment of Sweden with Palm-Based Oleochemicals
https://mpoc.org.my/tapping-into-the-beauty-segment-of-sweden-with-palm-based-oleochemicals/
Abstract Malaysia, as the second biggest producer of palm oil in the world, aspires to increase its export of high-value-added products. For the year 2022, palm-based oleochemicals from Malaysia constituted 11% of total exports. This article aims to provide a deep dive into the potential of palm-based oleochemicals to add value in Sweden, particularly in […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/tapping-into-the-beauty-segment-of-sweden-with-palm-based-oleochemicals/
Abstract Malaysia, as the second biggest producer of palm oil in the world, aspires to increase its export of high-value-added products. For the year 2022, palm-based oleochemicals from Malaysia constituted 11% of total exports. This article aims to provide a deep dive into the potential of palm-based oleochemicals to add value in Sweden, particularly in […]
By: via Malaysian Palm Oil Council Russia
среда, 22 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm extends losses on weaker rival edible oils
KUALA LUMPUR, March 23 (Reuters) - Malaysian palm oil futures extended falls on Thursday to their lowest in more than five months, tracking losses in rival edible oils and crude oil and as investors weighed the U.S. Federal Reserve's comments.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange slid 42 ringgit, or 1.15%, to 3,622 ringgit ($818.53) a tonne in early trade, hitting its lowest since Oct. 14.
FUNDAMENTALS
Oil prices fell after Fed Chair Jerome Powell re-stated his commitment to curbing inflation, including the possibility of more interest rate rises. Lower crude oil prices make palm a less attractive option for biodiesel feedstock.
Dalian's most-active soyoil contract DBYcv1 fell 1.7%, while its palm oil contract DCPcv1 eased 2.4%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 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 3,615 ringgit per tonne, a break below which could open the way towards 3,494-3,569 ringgit range, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares inched higher after the Fed hinted it could pause interest rate hikes following turmoil in the banking sector, though it also reiterated its commitment to fighting sticky inflation.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, March 23 (Reuters) - Malaysian palm oil futures extended falls on Thursday to their lowest in more than five months, tracking losses in rival edible oils and crude oil and as investors weighed the U.S. Federal Reserve's comments.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange slid 42 ringgit, or 1.15%, to 3,622 ringgit ($818.53) a tonne in early trade, hitting its lowest since Oct. 14.
FUNDAMENTALS
Oil prices fell after Fed Chair Jerome Powell re-stated his commitment to curbing inflation, including the possibility of more interest rate rises. Lower crude oil prices make palm a less attractive option for biodiesel feedstock.
Dalian's most-active soyoil contract DBYcv1 fell 1.7%, while its palm oil contract DCPcv1 eased 2.4%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 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 3,615 ringgit per tonne, a break below which could open the way towards 3,494-3,569 ringgit range, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares inched higher after the Fed hinted it could pause interest rate hikes following turmoil in the banking sector, though it also reiterated its commitment to fighting sticky inflation.
By: via Malaysian Palm Oil Council Russia
вторник, 21 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
GRAINS-Wheat extends losses on Black Sea deal, soybeans firm
SINGAPORE, March 22 (Reuters) - Chicago wheat futures lost more ground on Wednesday, weighed down by extension of a Black Sea export deal that eased concerns over global supplies.
Soybeans and corn prices rose in early Asian trade.
FUNDAMENTALS
The most-active wheat contract on the Chicago Board of Trade (CBOT) Wv1 lost 0.1% to $6.82-3/4 a bushel, as of 0012 GMT.
Soybeans Sv1 added 0.3% to $14.70-3/4 a bushel and corn Cv1 gained 0.4% at $6.32-1/4 a bushel.
The deal, allowing the safe export of grain from Ukrainian and Russian Black Sea ports, was renewed on Saturday for 60 days - half the intended period - after Moscow said any further extension beyond May 18 would hinge on the removal of some Western sanctions.
Russian wheat prices declined last week due to continued high supplies from Russia and lower prices from the country's major competitors, including Ukraine, analysts said.
However, grain markets are also monitoring harvest prospects in key producing and consuming countries.
Ukraine's 2023 grain harvest is likely to fall to 44.3 million tonnes from 53.1 million in 2022 as less acreage is sown due to Russia's invasion, a forecast by the Ukrainian agriculture ministry showed on Monday.
In India, unseasonal rains and hailstorms have damaged ripening, winter-planted crops including wheat in the country's fertile northern, central and western plains, exposing thousands of farmers to losses and raising the risk of further food price inflation.
Torrential rains on Sunday and Monday lashed the states of Punjab, Haryana, parts of Uttar Pradesh and Madhya Pradesh, which account for the bulk of wheat output in India, the world's biggest producer after China, flattening crops and flooding farms.
Commodity funds were net sellers of CBOT corn, soybean, wheat, soymeal and soyoil futures contracts on Tuesday, traders said.
MARKET NEWS
Global shares leapt on Tuesday after the rescue of Credit Suisse stemmed a rout in equities and whetted risk appetite, although financial system uncertainties limited buying as investors awaited the outcome of a Federal Reserve meeting.
By: via Malaysian Palm Oil Council Russia
SINGAPORE, March 22 (Reuters) - Chicago wheat futures lost more ground on Wednesday, weighed down by extension of a Black Sea export deal that eased concerns over global supplies.
Soybeans and corn prices rose in early Asian trade.
FUNDAMENTALS
The most-active wheat contract on the Chicago Board of Trade (CBOT) Wv1 lost 0.1% to $6.82-3/4 a bushel, as of 0012 GMT.
Soybeans Sv1 added 0.3% to $14.70-3/4 a bushel and corn Cv1 gained 0.4% at $6.32-1/4 a bushel.
The deal, allowing the safe export of grain from Ukrainian and Russian Black Sea ports, was renewed on Saturday for 60 days - half the intended period - after Moscow said any further extension beyond May 18 would hinge on the removal of some Western sanctions.
Russian wheat prices declined last week due to continued high supplies from Russia and lower prices from the country's major competitors, including Ukraine, analysts said.
However, grain markets are also monitoring harvest prospects in key producing and consuming countries.
Ukraine's 2023 grain harvest is likely to fall to 44.3 million tonnes from 53.1 million in 2022 as less acreage is sown due to Russia's invasion, a forecast by the Ukrainian agriculture ministry showed on Monday.
In India, unseasonal rains and hailstorms have damaged ripening, winter-planted crops including wheat in the country's fertile northern, central and western plains, exposing thousands of farmers to losses and raising the risk of further food price inflation.
Torrential rains on Sunday and Monday lashed the states of Punjab, Haryana, parts of Uttar Pradesh and Madhya Pradesh, which account for the bulk of wheat output in India, the world's biggest producer after China, flattening crops and flooding farms.
Commodity funds were net sellers of CBOT corn, soybean, wheat, soymeal and soyoil futures contracts on Tuesday, traders said.
MARKET NEWS
Global shares leapt on Tuesday after the rescue of Credit Suisse stemmed a rout in equities and whetted risk appetite, although financial system uncertainties limited buying as investors awaited the outcome of a Federal Reserve meeting.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm oil slips over 3% to five-month low
KUALA LUMPUR, March 22 (Reuters) - Malaysian palm oil futures fell more than 3% on Wednesday to its lowest in five months, dragged by deep losses in rival edible oils, crude and lingering concerns over the global banking crisis.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange slid 121 ringgit, or 3.2%, to 3,663 ringgit ($819.10) a tonne during early trade, its lowest since Oct. 14.
FUNDAMENTALS
Exports of Malaysian palm oil products for Mar. 1-20 rose 30.4% to 929,274 tonnes from 712,740 tonnes shipped during the same period in Feb., cargo surveyor Societe Generale de Surveillance said on Tuesday.
Dalian's most active soyoil contract DBYcv1 fell 3.1%, while its palm oil contract DCPcv1 lost 3.9%. Soyoil prices on the Chicago Board of Trade BOcv1 extended losses after falling 3% overnight.
Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
Oil fell after an industry report showed U.S. crude inventories rose unexpectedly last week, indicating that fuel demand may be weakening, making palm a less attractive option for biodiesel feedstock.
Palm oil may test a support at 3,736 ringgit per tonne, a break below which could open the way towards 3,690 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares staged a cautious bounce on Wednesday with hopes that a global banking crisis would be averted, vying with uncertainty over the outlook for U.S. interest rates as the Federal Reserve holds a high-stakes meeting on policy.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, March 22 (Reuters) - Malaysian palm oil futures fell more than 3% on Wednesday to its lowest in five months, dragged by deep losses in rival edible oils, crude and lingering concerns over the global banking crisis.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange slid 121 ringgit, or 3.2%, to 3,663 ringgit ($819.10) a tonne during early trade, its lowest since Oct. 14.
FUNDAMENTALS
Exports of Malaysian palm oil products for Mar. 1-20 rose 30.4% to 929,274 tonnes from 712,740 tonnes shipped during the same period in Feb., cargo surveyor Societe Generale de Surveillance said on Tuesday.
Dalian's most active soyoil contract DBYcv1 fell 3.1%, while its palm oil contract DCPcv1 lost 3.9%. Soyoil prices on the Chicago Board of Trade BOcv1 extended losses after falling 3% overnight.
Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
Oil fell after an industry report showed U.S. crude inventories rose unexpectedly last week, indicating that fuel demand may be weakening, making palm a less attractive option for biodiesel feedstock.
Palm oil may test a support at 3,736 ringgit per tonne, a break below which could open the way towards 3,690 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian shares staged a cautious bounce on Wednesday with hopes that a global banking crisis would be averted, vying with uncertainty over the outlook for U.S. interest rates as the Federal Reserve holds a high-stakes meeting on policy.
By: via Malaysian Palm Oil Council Russia
понедельник, 20 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
Узбекистан в 2022 году на 60% увеличил импорт малазийской пальмовой продукции
По данным MPOB (Malaysian Palm Oil Board), в 2022 г. общий объем экспорта пальмовой продукции (масла и гидрогенизированных жиров HPKO и H RBD PO) из Малайзии в Узбекистан составил 23,5 тыс. тонн, что на 60% превысило уровень предыдущего года.
By: via Malaysian Palm Oil Council Russia
По данным MPOB (Malaysian Palm Oil Board), в 2022 г. общий объем экспорта пальмовой продукции (масла и гидрогенизированных жиров HPKO и H RBD PO) из Малайзии в Узбекистан составил 23,5 тыс. тонн, что на 60% превысило уровень предыдущего года.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm snaps 3-day slide on overnight Chicago soyoil strength
JAKARTA, March 21 (Reuters) - Malaysian palm oil futures rose on Tuesday after three straight sessions of losses, tracking overnight strength in Chicago soyoil prices and buoyed by strong export data.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange climbed 30 ringgit, or 0.79%, to 3,815 ringgit ($852.70) a tonne in early trade.
The contract fell on Monday to its lowest close in nearly seven weeks, dragged down by weakness in rival vegetable oils and global economic concerns.
FUNDAMENTALS
Exports of Malaysian palm oil products for March 1-20 rose between 19.8% and 29.8% from a month earlier, data from cargo surveyor Intertek Testing Services and independent inspection company AmSpec Agri Malaysia showed.
Indonesia's palm oil production for 2023/24 is seen at 46 million metric tonnes (MMT), an increase of 3% from the previous year, the U.S. Department of Agriculture's (USDA) Foreign Agricultural Service report said.
Dalian's most active soyoil contract DBYcv1 slid 0.22%, while its palm oil contract DCPcv1 dropped 1.30%. Soyoil prices on the Chicago Board of Trade BOc2 were down 0.24% after Monday's 0.8% gain.
Palm oil FCPOc3 may bounce further to 3,931 ringgit per tonne, as suggested by its wave pattern and a falling channel.
MARKET NEWS
Asian stocks were lifted from lows on Tuesday, with the rescue of Credit Suisse stemming selling in bank shares, though the mood was fragile and the stress in markets had traders wondering whether U.S. rate hikes might be finished.
Oil prices stabilised after falling early in the previous session on investor worries that recent banking-sector problems would weigh on the global economy and limit demand for crude.
By: via Malaysian Palm Oil Council Russia
JAKARTA, March 21 (Reuters) - Malaysian palm oil futures rose on Tuesday after three straight sessions of losses, tracking overnight strength in Chicago soyoil prices and buoyed by strong export data.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange climbed 30 ringgit, or 0.79%, to 3,815 ringgit ($852.70) a tonne in early trade.
The contract fell on Monday to its lowest close in nearly seven weeks, dragged down by weakness in rival vegetable oils and global economic concerns.
FUNDAMENTALS
Exports of Malaysian palm oil products for March 1-20 rose between 19.8% and 29.8% from a month earlier, data from cargo surveyor Intertek Testing Services and independent inspection company AmSpec Agri Malaysia showed.
Indonesia's palm oil production for 2023/24 is seen at 46 million metric tonnes (MMT), an increase of 3% from the previous year, the U.S. Department of Agriculture's (USDA) Foreign Agricultural Service report said.
Dalian's most active soyoil contract DBYcv1 slid 0.22%, while its palm oil contract DCPcv1 dropped 1.30%. Soyoil prices on the Chicago Board of Trade BOc2 were down 0.24% after Monday's 0.8% gain.
Palm oil FCPOc3 may bounce further to 3,931 ringgit per tonne, as suggested by its wave pattern and a falling channel.
MARKET NEWS
Asian stocks were lifted from lows on Tuesday, with the rescue of Credit Suisse stemming selling in bank shares, though the mood was fragile and the stress in markets had traders wondering whether U.S. rate hikes might be finished.
Oil prices stabilised after falling early in the previous session on investor worries that recent banking-sector problems would weigh on the global economy and limit demand for crude.
By: via Malaysian Palm Oil Council Russia
воскресенье, 19 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm drops to over five-week low on weaker rival oils
JAKARTA, March 20 (Reuters) - Malaysian palm oil futures dropped for a third straight session on Monday to the lowest in more than five weeks, tracking weakness in rival vegetable oils.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange lost 62 ringgit, or 1.58%, to 3,858 ringgit ($862.89) a tonne in early trade.
The contract fell for two consecutive weeks last Friday, losing 4.23% for the week amid fears that the closure of several U.S banks and trouble at Swiss lender Credit Suisse would blow up into a global banking crisis.
FUNDAMENTALS
Exports of Malaysian palm oil products for March 1-15 rose between 55% and 72% from the same period in February, as shipments to India jumped ahead of the Muslim festival of Eid, according to cargo surveyors data.
Top producer Indonesia said it will enforce domestic market obligation to ensure palm oil producers sell 450,000 tonnes of cheap cooking oil at home in March to secure supply ahead of Islamic festivities, after missing the target in February.
Dalian's most active soyoil contract DBYcv1 slid 0.02%, while its palm oil contract DCPcv1 dropped 0.98%. Soyoil prices on the Chicago Board of Trade BOc2 were down 0.59%.
Palm oil FCPOc3 may break a support of 3,892 ringgit per tonne, and fall into a range of 3,810-3,856 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Futures and Asian stocks fought to stablise, though banks remained under pressure on Monday as a rescue deal for Credit Suisse and a concerted effort by central banks to restore confidence eased immediate fears of a contagion.
By: via Malaysian Palm Oil Council Russia
JAKARTA, March 20 (Reuters) - Malaysian palm oil futures dropped for a third straight session on Monday to the lowest in more than five weeks, tracking weakness in rival vegetable oils.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange lost 62 ringgit, or 1.58%, to 3,858 ringgit ($862.89) a tonne in early trade.
The contract fell for two consecutive weeks last Friday, losing 4.23% for the week amid fears that the closure of several U.S banks and trouble at Swiss lender Credit Suisse would blow up into a global banking crisis.
FUNDAMENTALS
Exports of Malaysian palm oil products for March 1-15 rose between 55% and 72% from the same period in February, as shipments to India jumped ahead of the Muslim festival of Eid, according to cargo surveyors data.
Top producer Indonesia said it will enforce domestic market obligation to ensure palm oil producers sell 450,000 tonnes of cheap cooking oil at home in March to secure supply ahead of Islamic festivities, after missing the target in February.
Dalian's most active soyoil contract DBYcv1 slid 0.02%, while its palm oil contract DCPcv1 dropped 0.98%. Soyoil prices on the Chicago Board of Trade BOc2 were down 0.59%.
Palm oil FCPOc3 may break a support of 3,892 ringgit per tonne, and fall into a range of 3,810-3,856 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Futures and Asian stocks fought to stablise, though banks remained under pressure on Monday as a rescue deal for Credit Suisse and a concerted effort by central banks to restore confidence eased immediate fears of a contagion.
By: via Malaysian Palm Oil Council Russia
четверг, 16 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
До Молочной Олимпиады 65 дней!
Приглашаем на эфир.
Подробнее об эфире здесь:
https://dairynews.today/news/den-otkrytykh-dverey-posvyashchennyy-molochnoy-oli.html
Очень ждем Вас!
By: via Malaysian Palm Oil Council Russia
Приглашаем на эфир.
Подробнее об эфире здесь:
https://dairynews.today/news/den-otkrytykh-dverey-posvyashchennyy-molochnoy-oli.html
Очень ждем Вас!
By: via Malaysian Palm Oil Council Russia
среда, 15 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
Engagement with Industry and Government Agencies on Enforcement of “No Palm Oil” Regulations
https://mpoc.org.my/engagement-with-industry-and-government-agencies-on-enforcement-of-no-palm-oil-regulations/
On 6th March 2023, Monday, at Zenith Hotel Putrajaya, MPOC together with KPDN, jointly organised an Engagement with Industry and Government Agencies on Enforcement of “No Palm Oil” Regulations. MPOC continues its mission in raising awareness on the importance of tackling the “No Palm Oil” issue. About 90 participants from various government agencies, relevant palm […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/engagement-with-industry-and-government-agencies-on-enforcement-of-no-palm-oil-regulations/
On 6th March 2023, Monday, at Zenith Hotel Putrajaya, MPOC together with KPDN, jointly organised an Engagement with Industry and Government Agencies on Enforcement of “No Palm Oil” Regulations. MPOC continues its mission in raising awareness on the importance of tackling the “No Palm Oil” issue. About 90 participants from various government agencies, relevant palm […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Официальный канал крупнейшего делового СМИ в молочной отрасли - www.dairynews.today Новости и аналитика раньше всех.
https://t.me/TheDairyNews
By: via Malaysian Palm Oil Council Russia
https://t.me/TheDairyNews
By: via Malaysian Palm Oil Council Russia
вторник, 14 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
Британское правительство планирует отменить импортные тарифы на пальмовое масло из Малайзии. Малайзия обратилась к Великобритании с просьбой снизить до нуля тарифы на пальмовое масло, которые в настоящее время составляют до 12%, сразу после вступления в Транстихоокеанское партнерство (CPTPP), сообщает Reuters
By: via Malaysian Palm Oil Council Russia
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Weather continues to hamper palm oil output ahead
https://mpoc.org.my/weather-continues-to-hamper-palm-oil-output-ahead/
KUCHING (March 13): Analysts believe that mixed earnings for planters in the fourth quarter of 2022 (4Q22) up to February this year was caused by the continuous wet weather. RHB Investment Bank Bhd (RHB Research) saw that in Malaysia, an average 4.1 per cent year on year (y-o-y) output growth for the companies it cover […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/weather-continues-to-hamper-palm-oil-output-ahead/
KUCHING (March 13): Analysts believe that mixed earnings for planters in the fourth quarter of 2022 (4Q22) up to February this year was caused by the continuous wet weather. RHB Investment Bank Bhd (RHB Research) saw that in Malaysia, an average 4.1 per cent year on year (y-o-y) output growth for the companies it cover […]
By: via Malaysian Palm Oil Council Russia
понедельник, 13 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
Post-Covid-19 S&D Outlook for Oils & Fats in China
https://mpoc.org.my/post-covid-19-sd-outlook-for-oils-fats-in-china/
Brighter Market Prospects for Palm Oil in 2023 Significant Drop in Palm Oil Import The news of China’s gradual relaxation of its Covid-19 preventive measures since December 2022 was surely something that had been anticipated by many, especially by businesses which had been gearing up to visit China after their absence from the country for […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/post-covid-19-sd-outlook-for-oils-fats-in-china/
Brighter Market Prospects for Palm Oil in 2023 Significant Drop in Palm Oil Import The news of China’s gradual relaxation of its Covid-19 preventive measures since December 2022 was surely something that had been anticipated by many, especially by businesses which had been gearing up to visit China after their absence from the country for […]
By: via Malaysian Palm Oil Council Russia
пятница, 10 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
Турция с 1 марта начала останавливать передачу в Россию товаров, внесенных Западом в санкционный список.
Ранее стало известно, что турецкие власти стали запрещать проход через проливы судов с товарами для РФ, поставляемыми в рамках параллельного импорта.
By: via Malaysian Palm Oil Council Russia
Ранее стало известно, что турецкие власти стали запрещать проход через проливы судов с товарами для РФ, поставляемыми в рамках параллельного импорта.
By: via Malaysian Palm Oil Council Russia
четверг, 9 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
Superstar partners for wellness
https://mpoc.org.my/superstar-partners-for-wellness/
Medium Chain Triglycerides and Vitamin E Tocotrienols have amazing properties to improve your health
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/superstar-partners-for-wellness/
Medium Chain Triglycerides and Vitamin E Tocotrienols have amazing properties to improve your health
By: via Malaysian Palm Oil Council Russia
среда, 8 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
BMD on defensive mode
https://mpoc.org.my/bmd-on-defensive-mode/
“Our BMD’ global benchmark CPO Futures contract (FCPO) achieved a record-breaking trading volume of 16.2 million contracts, equivalent to 405 million tonnes, surpassing its performance in 2021 of 390 million tonnes. This is more than five times the global production,” Abdul Wahid said. KUALA LUMPUR: Malaysia’s regulatory officials and its global partners in the East […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/bmd-on-defensive-mode/
“Our BMD’ global benchmark CPO Futures contract (FCPO) achieved a record-breaking trading volume of 16.2 million contracts, equivalent to 405 million tonnes, surpassing its performance in 2021 of 390 million tonnes. This is more than five times the global production,” Abdul Wahid said. KUALA LUMPUR: Malaysia’s regulatory officials and its global partners in the East […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
High prices push CPO traded on Bursa to 405m tonnes in 2022, five times world output
https://mpoc.org.my/high-prices-push-cpo-traded-on-bursa-to-405m-tonnes-in-2022-five-times-world-output/
KUALA LUMPUR (March 8): The amount of crude palm oil (CPO) traded via futures contracts (FCPO) on Bursa Malaysia Derivatives (BMD) spiked in 2022 due to exceptionally strong prices of the tropical oil recorded last year. According to BMD’s director Mohd Saleem Kader Bekas, 405 million tonnes of CPO, equivalent to five times of the […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/high-prices-push-cpo-traded-on-bursa-to-405m-tonnes-in-2022-five-times-world-output/
KUALA LUMPUR (March 8): The amount of crude palm oil (CPO) traded via futures contracts (FCPO) on Bursa Malaysia Derivatives (BMD) spiked in 2022 due to exceptionally strong prices of the tropical oil recorded last year. According to BMD’s director Mohd Saleem Kader Bekas, 405 million tonnes of CPO, equivalent to five times of the […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Analyst: EU deforestation law unlikely to impact demand for Malaysian, other SE Asian palm oil
https://mpoc.org.my/analyst-eu-deforestation-law-unlikely-to-impact-demand-for-malaysian-other-se-asian-palm-oil/
KUALA LUMPUR, March 7 — The European Union’s deforestation law is unlikely to have a meaningful impact on demand for Southeast Asian palm oil as the surplus is shrinking amid rising consumption from developing countries, a leading industry analyst said on Monday.-Advertisement- The EU in December agreed a deforestation law that requires companies to produce […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/analyst-eu-deforestation-law-unlikely-to-impact-demand-for-malaysian-other-se-asian-palm-oil/
KUALA LUMPUR, March 7 — The European Union’s deforestation law is unlikely to have a meaningful impact on demand for Southeast Asian palm oil as the surplus is shrinking amid rising consumption from developing countries, a leading industry analyst said on Monday.-Advertisement- The EU in December agreed a deforestation law that requires companies to produce […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Palm oil demand to rise in 2023 to 20 million tonnes
https://mpoc.org.my/palm-oil-demand-to-rise-in-2023-to-20-million-tonnes/
KUALA LUMPUR: Demand for Malaysia’s palm oil is forecast to notch higher to 19.85 million tonnes this year from 19.01 million tonnes in 2022 as exports are set to grow to 16.44 million tonnes from 15.73 million tonnes previously. The remaining demand is expected to come from domestic (2.98 million tonnes) and usage for biodiesel […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/palm-oil-demand-to-rise-in-2023-to-20-million-tonnes/
KUALA LUMPUR: Demand for Malaysia’s palm oil is forecast to notch higher to 19.85 million tonnes this year from 19.01 million tonnes in 2022 as exports are set to grow to 16.44 million tonnes from 15.73 million tonnes previously. The remaining demand is expected to come from domestic (2.98 million tonnes) and usage for biodiesel […]
By: via Malaysian Palm Oil Council Russia
вторник, 7 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
Palm Oil Health Awareness Evening Forum and Dinner
https://mpoc.org.my/palm-oil-health-awareness-evening-forum-and-dinner/
Date: 18 February 2023 Time: 5.30 p.m. to 8.00 p.m. Venue: Clearwater Room (M Floor), Riverside Majestic Hotel – Puteri Wing, Kuching, Sarawak A Palm Oil Health Awareness Evening Forum and Dinner was held in Kuching, Sarawak on 18th February 2023, in collaboration with the Malaysian Medical Association (MMA) Sarawak Branch. The theme, “Palm Bioactives […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/palm-oil-health-awareness-evening-forum-and-dinner/
Date: 18 February 2023 Time: 5.30 p.m. to 8.00 p.m. Venue: Clearwater Room (M Floor), Riverside Majestic Hotel – Puteri Wing, Kuching, Sarawak A Palm Oil Health Awareness Evening Forum and Dinner was held in Kuching, Sarawak on 18th February 2023, in collaboration with the Malaysian Medical Association (MMA) Sarawak Branch. The theme, “Palm Bioactives […]
By: via Malaysian Palm Oil Council Russia
пятница, 3 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
Крупнейший покупатель пальмового масла: импорт Индии в феврале упал до 8-месячного минимума, говорят дилеры
Импорт пальмового масла в Индию в феврале упал на 30% по сравнению с январем до самого низкого уровня за 8 месяцев, поскольку переработчики предпочли сократить свои запасы, поскольку запасы увеличились после чрезмерного импорта в октябре-январе, сообщили Рейтер в четверг пять дилеров.
Сокращение импорта пальмового масла Индией, крупнейшим в мире импортером растительных масел, может повлиять на цены на пальмовое масло в Малайзии.
Согласно средним оценкам пяти дилеров, импорт пальмового масла в Индию в прошлом месяце упал до 586 000 тонн, что является самым низким показателем с июня 2022 года.
Импорт пальмового масла в страну в период с октября по январь был высоким, но спрос был слабым, что вынудило переработчиков сократить закупки в феврале.
By: via Malaysian Palm Oil Council Russia
Импорт пальмового масла в Индию в феврале упал на 30% по сравнению с январем до самого низкого уровня за 8 месяцев, поскольку переработчики предпочли сократить свои запасы, поскольку запасы увеличились после чрезмерного импорта в октябре-январе, сообщили Рейтер в четверг пять дилеров.
Сокращение импорта пальмового масла Индией, крупнейшим в мире импортером растительных масел, может повлиять на цены на пальмовое масло в Малайзии.
Согласно средним оценкам пяти дилеров, импорт пальмового масла в Индию в прошлом месяце упал до 586 000 тонн, что является самым низким показателем с июня 2022 года.
Импорт пальмового масла в страну в период с октября по январь был высоким, но спрос был слабым, что вынудило переработчиков сократить закупки в феврале.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Суд Джакарты приговорил пальмового магната Сурью Дармади к 15 годам тюремного заключения за коррупцию. Суд также обязал его выплатить более 2,7 миллиарда долларов в виде штрафов за экологический и социальный ущерб. Это самый высокий штраф по делу о концепции в истории Индонезии.
Сурья бежал из Индонезии в 2014 году и сдался властям только в прошлом году. Пальмовое масло с его плантаций экспортировалось в шесть стран: Индию, Малайзию, Нидерланды, Кению, Италию и Сингапур.
By: via Malaysian Palm Oil Council Russia
Сурья бежал из Индонезии в 2014 году и сдался властям только в прошлом году. Пальмовое масло с его плантаций экспортировалось в шесть стран: Индию, Малайзию, Нидерланды, Кению, Италию и Сингапур.
By: via Malaysian Palm Oil Council Russia
четверг, 2 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
India scraps 2023/24 duty-free import quota on sunflower oil
Reuters News
01-Mar-2023 05:24:50 PM
MUMBAI, March 1 (Reuters) - India has decided to scrap a duty-free imports quota of 2 million tonnes of crude sunflower oil for the next fiscal starting from April 1, the government said on Wednesday, as the world's biggest importer of vegetable oils tries to support local oilseed farmers.
The move could lead to higher imports of palm oil, which was earlier attracting taxes even as imports of sunflower oil and soyoil were allowed without any taxes under the quota.
New Delhi in May 2022 allowed duty free imports of 2 million tonnes of sunflower oil in 2022/23 and had initially planned to repeat that in 2023/24.
India sources sunflower oil from Russia and Ukraine.
In January, India decided to scrap duty free imports of crude soyoil for the new fiscal year.
India imports soyoil mainly from Argentina, Brazil and the United States.
"Crude palm oil imports would become attractive from April onwards," said a Mumbai-based dealer with a global trade house.
India imports palm oil mainly from Indonesia, Malaysia and Thailand.
By: via Malaysian Palm Oil Council Russia
Reuters News
01-Mar-2023 05:24:50 PM
MUMBAI, March 1 (Reuters) - India has decided to scrap a duty-free imports quota of 2 million tonnes of crude sunflower oil for the next fiscal starting from April 1, the government said on Wednesday, as the world's biggest importer of vegetable oils tries to support local oilseed farmers.
The move could lead to higher imports of palm oil, which was earlier attracting taxes even as imports of sunflower oil and soyoil were allowed without any taxes under the quota.
New Delhi in May 2022 allowed duty free imports of 2 million tonnes of sunflower oil in 2022/23 and had initially planned to repeat that in 2023/24.
India sources sunflower oil from Russia and Ukraine.
In January, India decided to scrap duty free imports of crude soyoil for the new fiscal year.
India imports soyoil mainly from Argentina, Brazil and the United States.
"Crude palm oil imports would become attractive from April onwards," said a Mumbai-based dealer with a global trade house.
India imports palm oil mainly from Indonesia, Malaysia and Thailand.
By: via Malaysian Palm Oil Council Russia
среда, 1 марта 2023 г.
Malaysian Palm Oil Council Russia's Post
Concerns Remain on EU Deforestation Regulation After Briefing from EU Officials
https://mpoc.org.my/concerns-remain-on-eu-deforestation-regulation-after-briefing-from-eu-officials/
CONCERNS REMAIN ON EU DEFORESTATION REGULATION AFTER BRIEFING FROM EU OFFICIALS Petaling Jaya – The Malaysian Palm Oil Council (MPOC) participated in a Virtual Engagement Session on the EU Deforestation Regulation (EUDR), hosted by the Federation of Malaysian Manufacturers (FMM). Officials from the EU’s DG Environment and the EU Embassy in Jakarta participated in the briefing, alongside Malaysian business […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/concerns-remain-on-eu-deforestation-regulation-after-briefing-from-eu-officials/
CONCERNS REMAIN ON EU DEFORESTATION REGULATION AFTER BRIEFING FROM EU OFFICIALS Petaling Jaya – The Malaysian Palm Oil Council (MPOC) participated in a Virtual Engagement Session on the EU Deforestation Regulation (EUDR), hosted by the Federation of Malaysian Manufacturers (FMM). Officials from the EU’s DG Environment and the EU Embassy in Jakarta participated in the briefing, alongside Malaysian business […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Malaysia invites Thailand to become CPOPC member
https://mpoc.org.my/malaysia-invites-thailand-to-become-cpopc-member/
KUALA LUMPUR: Malaysia has invited Thailand to join the Council of Palm Oil Producing Countries (CPOPC) as a member to create a stronger voice to address discriminatory protectionist measures against palm oil and rubber producers at Asean level. Deputy Prime Minister Datuk Seri Fadillah Yusof, who is also Plantation and Commodities Minister, said that with […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/malaysia-invites-thailand-to-become-cpopc-member/
KUALA LUMPUR: Malaysia has invited Thailand to join the Council of Palm Oil Producing Countries (CPOPC) as a member to create a stronger voice to address discriminatory protectionist measures against palm oil and rubber producers at Asean level. Deputy Prime Minister Datuk Seri Fadillah Yusof, who is also Plantation and Commodities Minister, said that with […]
By: via Malaysian Palm Oil Council Russia
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