2,241.50 PH PH 2,281.50 2,304.50 2,286.50 2,275.00 11.50
1,295.00 PH PH 1,295.50 1,316.00 1,300.50 1,278.00 22.50
2,520.50 PH PH 2,516.00 2,545.00 2,522.50 2,494.50 28.00
 
PALM OIL WEEKLY PRICES ON  07th - 13th Aug 2013 2nd Week
   
Prices in the domestic market traded mixed.
  CPO prices traded higher this week by RM11.50 to RM2,286.50 against RM2,275.00 attained the previous week. The highest and lowest traded prices were at RM2,330.00 and RM2,230.00 respectively. Price of RBD palm olein traded lower at US$751.00. Crude palm oil traded higher mainly due to:
  Ringgit currency firming against the U.S. Dollar (thus prompting plantation firms to engage in profit-taking position in the CPO futures market).
     
  Higher palm oil export performance during the first 10 days of August, 2013.
Crude palm oil exports duty (after partial duty exemption) for the month of August, 2013.
  With effect from 01/08/2013 31/08/2013, the CPO export duty payable is RM107.27/tonne.
Palm oil prices in Europe traded higher.
  Crude palm oil price traded higher by US$4.50 to US$832.00. CPO discount vis--vis SBO narrowed to US$136.00 this week.
  RBD palm olein price traded higher by US$13.50 to US$802.50 and was at a discount of US$165.00 against SBO.
 
WEEKLY PALM OIL PRICE PROFILE
  Daily Prices Weekly Average
07/08/2013 08/08/2013 09/08/2013 12/08/2013 13/08/2013 Present Previous Diff (+/-)
1. LOCAL PHYSICAL PRICES (RM/TONNE)              
CPO (Lcl Deld) 2,241.50 PH PH 2281.50 2304.50 2,286.50 2,275.00 11.50
PK (Ex-mill) 1,295.00 PH PH 1295.50 1316.00 1,300.50 1,278.00 22.50
CPKO(Lcl Deld) 2,520.50 PH PH 2516.00 2545.00 2,522.50 2,494.50 28.00
2. EXPORT PRICES (US$/TONNE)        
RBD P. Oil (Fob M'sia) 737.50 PH PH 745.00 NT 745.00 745.50 -0.50
RBD P.Olein (Fob M'sia) 741.50 PH PH 768.50 NT 751.00 759.50 -8.50
RBD P.Stearin (Fob M'sia) 681.00 PH PH 685.00 NT 683.00 685.50 -2.50
3. N.W. EUROPE PRICES (US$/TONNE)        
RBD P.Olein (Cif Rott) 780.00 PH PH 807.50 820.00 802.50 789.00 13.50
RBD P. Oil (Cif Rott) 770.00 PH PH 797.50 810.50 792.67 779.00 13.67
CPO (Cif Rott) 825.00 820.00 820.00 840.00 855.00 832.00 827.50 4.50
SBO (Dutch Fob Ex-Mill) 970.13 970.92 967.37 958.10 973.73 968.05 870.50 97.55
Sun Oil (Cif Rott) 947.50 935.00 940.00 935.00 945.00 940.50 961.00 -20.50
RSO (Dutch Fob Ex-Mill) 971.47 988.33 988.72 982.06 990.95 984.30 980.00 4.30
RBD P.Stearin (Cif Rott) 730.00 PH PH 780.00 755.00 755.00 735.00 20.00
Tallow 1,180.00 1,180.00 1,180.00 1,180.00 1,180.00 1,180.00 1180.00 0.00
PKO (Cif Rott) 835.00 840.00 840.00 845.00 855.00 843.00 833.00 10.00
CNO (Cif Rott) 870.00 865.00 860.00 870.00 880.00 869.00 876.00 -7.00
4. PRICE PREMIUM / DISCOUNT IN N.W EUROPE (US$/TONNE)        
CPO/SBO -145.13 -150.92 -147.37 -118.10 -118.73 -136.05 -143.00 6.95
CPO/RSO -146.47 -168.33 -168.72 -142.06 -135.95 -152.30 -152.50 0.20
RBD P.Olein/SBO -190.13 UNQ UNQ -150.60 -153.73 -164.82 -181.50 16.68
RBD P.Olein/Sun Oil -167.50 UNQ UNQ -127.50 -125.00 -140.00 -172.00 32.00
RBD P.Stearin/Tallow -450.00 UNQ UNQ -400.00 -425.00 -425.00 -445.00 20.00
PKO/CNO -35.00 -25.00 -20.00 -25.00 -25.00 -26.00 -43.00 17.00
5. FUTURES PRICES (TONNE)        
BMD CPO 3rd Month (RM) 2207.00 PH PH 2241.00 2297.00 2248.33 2248.00 0.33
CBOT SBO 3rd Month (US$) 932.80 932.80 932.80 927.08 950.62 935.22 945.00 -9.78
6. LANDED INDONESIA CPO PRICE IN MALAYSIA          
FOB Belawan US$ (Offered Price) 775.00 PH PH 780.00 792.50 782.50 767.00 15.50
Landed Indonesia CPO (US$) 786.00 PH PH 791.00 803.50 793.50 778.00 15.50
Landed Indonesia CPO (RM) 2559.22 PH PH 2565.21 2617.80 2,580.74 2497.50 83.24
Premium/Discount Vs Lcl Dlvd CPO (RM) 317.72 PH PH 283.71 313.30 304.91 221.50 83.41
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