|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PALM OIL WEEKLY PRICES ON
07th Feb – 13th Feb 2007 |
2nd Week |
|
|
|
|
|
|
|
|
Prices in the domestic
and export markets traded mixed. |
|
|
|
|
|
|
|
Crude palm oil price traded lower by RM11.00 to RM1,915.50, with the
highest traded price at RM1,935.00.
RBD palm olein traded higher by US$2.50 to US$625.50. CPO prices was traded lower due to: |
|
n |
Pressured by lower price sentiments in the BMD CPO futures last
week due to traders liquidated position ahead of MPOB released data on Monday
(12/02/2007). |
|
n |
Pressured by bearish MPOB data for January 2007, export down
sharply by 22% to 0.95 million tonnes and only a marginal fall of 2.1% in
stock level to 1.47 million tonnes. |
|
n |
In tandem with lower CPO price sentiments at the Rotterdam
market. |
|
Crude palm oil export
duty. |
|
n |
For the current week 12/02/2007 –18/02/2007, the CPO export duty
payable is RM350.80/ tonne.
|
|
Palm oil prices in Europe
traded lower. |
|
n |
Crude palm
oil price traded lower by US$3.00 to US$601.00. CPO price discount vis-à-vis
SBO widened to US$121.00 this week. |
|
n |
RBD palm olein traded
higher by US$2.50 to US$625.50 and was at a price discount of US$96.50
against SBO. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WEEKLY PALM OIL PRICE PROFILE |
|
|
Daily Prices |
Weekly Average |
|
07/02/07 |
08/02/07 |
09/02/07 |
12/02/07 |
13/02/07 |
Present |
Previous |
Diff (+/-) |
|
1. LOCAL
PHYSICAL PRICES (RM/TONNE) |
|
|
CPO (Lcl
Deld) |
1,920.00 |
1912.00 |
1919.50 |
1908.50 |
1907.00 |
1,915.50 |
1,926.50 |
-11.00 |
|
PK (Ex-mill) |
1,088.50 |
1086.00 |
1083.00 |
1089.00 |
1085.00 |
1,086.50 |
1,082.50 |
4.00 |
|
CPKO(Lcl
Deld) |
2,153.00 |
2160.00 |
2169.00 |
2156.50 |
2164.00 |
2,157.50 |
2,134.50 |
23.00 |
|
2. EXPORT
PRICES (US$/TONNE) |
|
|
RBD P. Oil
(Fob M'sia) |
560.50 |
565.00 |
NT |
562.50 |
NT |
562.00 |
554.50 |
7.50 |
|
RBD P.Olein
(Fob M'sia) |
576.50 |
573.00 |
572.50 |
571.50 |
575.00 |
572.50 |
568.00 |
4.50 |
|
RBD
P.Stearin (Fob M'sia) |
525.00 |
NT |
523.50 |
520.00 |
NT |
524.00 |
515.00 |
9.00 |
|
3. N.W.
EUROPE PRICES (US$/TONNE) |
|
|
RBD P.Olein
(Cif Rott) |
627.50 |
622.50 |
635.00 |
620.00 |
622.50 |
625.50 |
623.00 |
2.50 |
|
RBD P. Oil
(Cif Rott) |
620.00 |
617.50 |
620.00 |
615.00 |
617.50 |
618.00 |
614.00 |
4.00 |
|
CPO (Cif
Rott) |
605.00 |
600.00 |
605.00 |
595.00 |
600.00 |
601.00 |
604.00 |
-3.00 |
|
SBO (Dutch
Fob Ex-Mill) |
727.54 |
725.88 |
721.50 |
717.98 |
717.90 |
722.16 |
714.00 |
8.16 |
|
Sun Oil (Cif
Rott) |
712.50 |
720.00 |
715.00 |
715.00 |
712.50 |
715.00 |
718.00 |
-3.00 |
|
RSO (Dutch
Fob Ex-Mill) |
793.92 |
797.56 |
795.60 |
797.04 |
792.16 |
795.26 |
801.50 |
-6.24 |
|
|
|
|
|
|
|
|
|
|
|
|
RBD
P.Stearin (Cif Rott) |
580.00 |
580.00 |
585.00 |
577.50 |
580.00 |
580.50 |
571.50 |
9.00 |
|
Tallow |
570.00 |
570.00 |
570.00 |
570.00 |
570.00 |
570.00 |
570.00 |
0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
PKO (Cif
Rott) |
680.00 |
680.00 |
675.00 |
670.00 |
670.00 |
675.00 |
682.00 |
-7.00 |
|
CNO (Cif
Rott) |
772.50 |
760.00 |
765.00 |
760.00 |
760.00 |
763.50 |
760.50 |
3.00 |
|
4. PRICE
PREMIUM / DISCOUNT IN N.W EUROPE
(US$/TONNE) |
|
|
CPO/SBO |
-122.54 |
-125.88 |
-116.50 |
-122.98 |
-117.90 |
-121.16 |
-110.00 |
-11.16 |
|
CPO/RSO |
-188.92 |
-197.56 |
-190.60 |
-202.04 |
-192.16 |
-194.26 |
-197.50 |
3.24 |
|
RBD
P.Olein/SBO |
-100.04 |
-103.38 |
-86.50 |
-97.98 |
-95.40 |
-96.66 |
-90.70 |
-5.96 |
|
RBD
P.Olein/Sun Oil |
-85.00 |
-97.50 |
-80.00 |
-95.00 |
-90.00 |
-89.50 |
-95.00 |
5.50 |
|
RBD
P.Stearin/Tallow |
10.00 |
10.00 |
15.00 |
7.50 |
10.00 |
10.50 |
-113.00 |
123.50 |
|
PKO/CNO |
-92.50 |
-80.00 |
-90.00 |
-90.00 |
-90.00 |
-88.50 |
-78.50 |
-10.00 |
|
5. FUTURES
PRICES (TONNE) |
|
|
BMD CPO Apr
2007 (RM) |
1921.00 |
1891.00 |
1917.00 |
1890.00 |
1885.00 |
1900.80 |
1910.50 |
-9.70 |
|
CBOT SBO
May 2007 (US$) |
680.24 |
680.90 |
678.92 |
669.68 |
671.00 |
676.15 |
672.00 |
4.15 |
|
6. LANDED INDONESIA CPO
PRICE IN MALAYSIA |
|
|
|
|
FOB Belawan
US$ (Offered Price) |
540.00 |
537.50 |
542.50 |
537.50 |
537.50 |
539.00 |
540.00 |
-1.00 |
|
Landed
Indonesia CPO (US$) |
551.00 |
548.50 |
553.50 |
548.50 |
548.50 |
550.00 |
551.00 |
-1.00 |
|
Landed
Indonesia CPO (RM) |
1923.87 |
1915.80 |
1932.60 |
1917.01 |
1917.17 |
1,921.29 |
1928.00 |
-6.71 |
|
Premium/Discount Vs Lcl Dlvd
CPO (RM) |
3.87 |
3.80 |
13.10 |
8.51 |
10.17 |
7.89 |
9.50 |
-1.61 |
|
Note
: NT : No Transaction ; N.A
: Not Available; PH : Public Holiday; UNQ
: Unquote; |
|
Source
: MPOB Registration of
Contracts, Oilworld, Reuters,
BMD CBOT, Dow Jones News, Massey Company |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
