четверг, 23 марта 2023 г.

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

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

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

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

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

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

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

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

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

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

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

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

Malaysian Palm Oil Council Moscow