Palm Oil Weekly Prices
 
 
PALM OIL WEEKLY PRICES ON  12th Apr  – 18th Apr  2006 3rd Week  
Prices in the domestic and export markets traded firmer.
Crude palm oil price traded higher by RM20.00 to RM1,415.50  with  the  highest traded price at RM1,430.00.  RBD palm olein traded higher by US$14.00 to US$412.50.  Prices were higher due to:
>> Supported by bullish MPOB March supply and demand data.
>> Higher SGS export data for the first 15 days of April, up 4.1% to 536,334 tonnes.      
>> Firmer CBOT soyabean oil and BMD CPO futures price sentiment.
         
Crude palm oil export duty.
>> For the current week 17/04/2006 –23/04/2006, the CPO export duty payable is RM187.66/ tonne.
Palm oil prices in Europe traded firmer.
>> Crude palm oil price traded higher by US$1.50 to US$441.50. CPO discount vis-à-vis SBO unchanged at US$97.50 this week.
>> RBD palm olein traded higher by US$5.50 to US$465.00 and was at a discount of US$74.50 against SBO.
       
                   
 
WEEKLY PALM OIL PRICE PROFILE
  Daily   Prices Weekly Average
12/04/06 13/04/06 14/04/06 17/04/06 18/04/06 Present Previous Diff (+/-)
1. LOCAL PHYSICAL PRICES (RM/TONNE)  
CPO (Lcl Deld) 1,414.00 1414.50 1414.00 1417.50 1425.00 1,415.50 1,395.50 20.00
PK (Ex-mill) 910.50 918.50 918.50 926.00 917.00 917.00 890.50 26.50
CPKO(Lcl Deld) 1,900.50 1930.50 1949.50 1955.00 1931.00 1,923.00 1,853.00 70.00
2. EXPORT PRICES (US$/TONNE)  
RBD P. Oil (Fob M'sia) NT 407.50 404.50 409.00 NT 408.50 392.00 16.50
RBD P.Olein (Fob M'sia) 411.00 413.00 410.00 413.00 421.00 412.50 398.50 14.00
RBD P.Stearin (Fob M'sia) 396.50 393.50 395.50 392.00 NT 395.00 388.00 7.00
3. N.W. EUROPE PRICES (US$/TONNE)  
RBD P.Olein (Cif Rott) 462.50 465.00 PH PH 467.50 465.00 459.50 5.50
RBD P. Oil (Cif Rott) 455.00 457.50 PH PH 460.00 457.50 450.00 7.50
CPO (Cif Rott) 440.00 442.50 PH PH 442.50 441.67 440.00 1.67
SBO (Dutch Fob Ex-Mill) 538.90 538.23 PH PH 540.80 539.31 538.00 1.31
Sun Oil (Cif Rott) 665.00 665.00 PH PH 680.00 670.00 653.00 17.00
RSO (Dutch Fob Ex-Mill) 765.35 761.99 PH PH 771.87 766.40 756.00 10.40
                   
RBD P.Stearin (Cif Rott) 442.00 442.00 PH PH 442.00 442.00 438.00 4.00
Tallow 415.00 415.00 PH PH 415.00 415.00 415.00 0.00
                   
PKO (Cif Rott) 582.50 575.00 PH PH 585.00 580.83 565.50 15.33
CNO (Cif Rott) 587.50 585.00 PH PH 590.00 587.50 569.50 18.00
4. PRICE PREMIUM / DISCOUNT IN N.W EUROPE  (US$/TONNE)  
CPO/SBO -98.90 -95.73 UNQ UNQ -98.30 -97.64 -97.50 -0.14
CPO/RSO -325.35 -319.49 UNQ UNQ -329.37 -324.74 -315.50 -9.24
RBD P.Olein/SBO -76.40 -73.23 UNQ UNQ -73.30 -74.31 -79.00 4.69
RBD P.Olein/Sun Oil -202.50 -200.00 UNQ UNQ -212.50 -205.00 -193.50 -11.50
RBD P.Stearin/Tallow 27.00 27.00 UNQ UNQ 27.00 27.00 23.50 3.50
PKO/CNO -5.00 -10.00 UNQ UNQ -5.00 -6.67 -4.00 -2.67
5. FUTURES PRICES (TONNE)  
BMD CPO Jul  2006 (RM) 1460.00 1452.00 1450.00 1470.00 1468.00 1460.00 1423.00 37.00
CBOT SBO Jul  2006 (US$) 507.32 505.78 PH 508.86 521.62 510.90 507.50 3.39
6. LANDED INDONESIA CPO PRICE IN MALAYSIA      
FOB Indonesia (US$) 380.00 380.00 380.00 380.00 382.50 380.50 372.00 8.50
Landed Indonesia CPO (US$) 391.00 391.00 391.00 391.00 393.50 391.50 383.00 8.50
Landed Indonesia CPO (RM) 1471.72 1477.59 1477.59 1477.59 1487.04 1,478.31 1414.00 64.31
Premium/Discount Vs Lcl Dlvd CPO (RM)  57.72 63.09 63.59 60.09 62.04 61.31 16.00 45.31
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