Palm Oil Weekly Prices
 
 
PALM OIL WEEKLY PRICES ON   05th - 11th September 2007 2nd  Week
Prices in the domestic and export markets traded mixed

Crude palm oil price traded  higher, up  by RM24.00 to RM2,537.50,  with the  highest traded price at RM2,580.00.  RBD palm olein traded lower by US$1.50 to US$778.00.  CPO price was traded higher due to:
n Higher BMD CPO and CBOT soyabean oil futures prices.
n Higher MPOB palm oil exports for August released on Monday support buying sentiment.
Crude palm oil export duty.
n  For the current week 10/09/2007 – 16/09/2007, the CPO export duty payable is RM547.26/ tonne.
Palm oil prices in Europe traded  firm.
n Crude palm oil price traded higher by US$2.00 to US$797.50. CPO discount vis-à-vis SBO widened to US$162.00  this week.
n RBD palm olein traded higher by US$12.50  at US$815.00  and  was  at  a discount of US$144.50 against SBO.
                   
 
WEEKLY PALM OIL PRICE PROFILE
  Daily   Prices Weekly Average
05/09/07 06/09/07 07/09/07 10/09/07 11/09/07 Present Previous Diff (+/-)
1. LOCAL PHYSICAL PRICES (RM/TONNE)  
CPO (Lcl Deld) 2,535.50 2536.50 2533.00 2538.50 2545.50 2,537.50 2,513.50 24.00
PK (Ex-mill) 1,538.50 1537.00 1535.00 1538.50 1555.00 1,540.00 1,513.50 26.50
CPKO(Lcl Deld) 3,045.50 3040.00 3043.00 3059.00 3059.00 3,059.00 3,023.50 35.50
2. EXPORT PRICES (US$/TONNE)  
RBD P. Oil (Fob M'sia) 767.00 762.50 769.00 765.00 757.50 766.00 767.50 -1.50
RBD P.Olein (Fob M'sia) 775.00 787.00 774.50 783.50 787.50 778.00 779.50 -1.50
RBD P.Stearin (Fob M'sia) 728.50 NT 714.00 722.50 NT 720.50 728.50 -8.00
3. N.W. EUROPE PRICES (US$/TONNE)  
RBD P.Olein (Cif Rott) 812.50 810.00 812.50 820.00 820.00 815.00 802.50 12.50
RBD P. Oil (Cif Rott) 807.50 805.00 807.50 815.00 815.00 810.00 797.00 13.00
CPO (Cif Rott) 800.00 790.00 792.50 805.00 800.00 797.50 795.50 2.00
SBO (Dutch Fob Ex-Mill) 956.97 958.51 959.37 965.72 956.83 959.48 933.00 26.48
Sun Oil (Cif Rott) 1,190.00 1,185.00 1,195.00 1,200.00 1,210.00 1,196.00 1169.00 27.00
RSO (Dutch Fob Ex-Mill) 1,030.79 1,033.82 1,031.04 1,027.80 1,023.20 1,029.33 1006.50 22.83
                   
RBD P.Stearin (Cif Rott) 782.50 775.00 812.50 775.00 770.00 783.00 768.50 14.50
Tallow 720.00 720.00 720.00 720.00 720.00 720.00 720.00 0.00
                   
PKO (Cif Rott) 897.50 895.00 890.00 905.00 895.00 896.50 893.00 3.50
CNO (Cif Rott) 910.00 905.00 907.50 910.00 910.00 908.50 902.50 6.00
4. PRICE PREMIUM / DISCOUNT IN N.W EUROPE  (US$/TONNE)  
CPO/SBO -156.97 -168.51 -166.87 -160.72 -156.83 -161.98 -137.50 -24.48
CPO/RSO -230.79 -243.82 -238.54 -222.80 -223.20 -231.83 -211.00 -20.83
RBD P.Olein/SBO -144.47 -148.51 -146.87 -145.72 -136.83 -144.48 -130.50 -13.98
RBD P.Olein/Sun Oil -377.50 -375.00 -382.50 -380.00 -390.00 -381.00 -366.50 -14.50
RBD P.Stearin/Tallow 62.50 55.00 UNQ 55.00 50.00 55.63 48.00 7.63
PKO/CNO -12.50 -10.00 -17.50 -5.00 -15.00 -12.00 -9.50 -2.50
5. FUTURES PRICES (TONNE)  
BMD CPO November  2007 (RM) 2472.00 2470.00 2490.00 2500.00 2500.00 2486.40 2445.50 40.90
CBOT SBO December  2007 (US$) 836.00 830.28 834.02 843.04 845.90 837.85 816.50 21.35
6. LANDED INDONESIA CPO PRICE IN MALAYSIA       
FOB Belawan US$ (Offered Price) 760.00 752.50 750.00 775.00 752.50 758.00 757.50 0.50
Landed Indonesia CPO (US$) 775.00 767.50 765.00 790.00 767.50 773.00 772.50 0.50
Landed Indonesia CPO (RM) 2719.09 2694.31 2680.18 2778.43 2700.45 2,714.49 2707.00 7.49
Premium/Discount Vs Lcl Dlvd CPO (RM)   183.59 157.81 147.18 239.93 154.95 176.69 697.00 -520.31
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