Palm oil stockpile

8 Jan 2020 Malaysia's palm oil stockpiles likely fell 8.5pc from November to 2.06 million tonnes, the lowest in 27 months, a Reuters survey showed on  4 Jun 2019 That would bring stockpiles to the lowest level since July. Crude palm oil production eased 1.8% to 1.62 million tonnes, the lowest since 

Indonesian palm oil stockpile was down to 4.41 million metric tons in October as domestic and export demand began to rise. Indonesian Palm Oil Association (Gapki) Executive Director Mukti Sardjono in an official statement on Friday (November 30) estimated national producers to produce 4.51 million metric tons palm oil in October 2018, up 2% from 4.41 million metric tons in September 2018. KUALA LUMPUR: Palm oil climbed on speculation that a decline in Malaysia's production will trim record stockpiles in the world's second-largest producer. The contract for February delivery advanced 0.7% to close at 2,313 ringgit ($756) a tonne on the Malaysia Derivatives Exchange. Futures fell 3.1% last week and are heading for a 27% loss this year. ECA mission, Netherlands, buys $3,970,000 worth of Sumatra pool oil for US stockpile Including Indonesia’s stocks of more than 4.4 million tonnes in October, the world’s two largest palm oil producers have a combined stockpile of nearly eight million tonnes. A stubbornly high palm oil stockpile does not bode well for CPO prices.

12 Mar 2019 MALAYSIA'S crude palm oil (CPO) stockpile stayed stagnant at 3 million metric tons (MT) in February, but may normalise as China demand 

Indonesian palm oil stockpile was down to 4.41 million metric tons in October as domestic and export demand began to rise. Indonesian Palm Oil Association (Gapki) Executive Director Mukti Sardjono in an official statement on Friday (November 30) estimated national producers to produce 4.51 million metric tons palm oil in October 2018, up 2% from 4.41 million metric tons in September 2018. KUALA LUMPUR: Palm oil climbed on speculation that a decline in Malaysia's production will trim record stockpiles in the world's second-largest producer. The contract for February delivery advanced 0.7% to close at 2,313 ringgit ($756) a tonne on the Malaysia Derivatives Exchange. Futures fell 3.1% last week and are heading for a 27% loss this year. ECA mission, Netherlands, buys $3,970,000 worth of Sumatra pool oil for US stockpile Including Indonesia’s stocks of more than 4.4 million tonnes in October, the world’s two largest palm oil producers have a combined stockpile of nearly eight million tonnes. A stubbornly high palm oil stockpile does not bode well for CPO prices. KUALA LUMPUR: Malaysia’s palm oil stockpile in June this year declined by 1.93% to 1.53 million tonnes, from 1.56 million tonnes a month earlier, mainly on processed palm oil’s inventory drop.

15 Jan 2020 Palm oil stockpiles in Indonesia probably dropped to the lowest in eight months in December after dry weather curbed production in the world's 

Malaysian palm oil inventories likely tumbled to its lowest since June 2017, as dry weather and lower fertiliser usage in the second largest palm producer early last year suppressed output to near Strong demand from India and China over the past few weeks, lower production and steady domestic consumption are expected to have squeezed Malaysia’s palm oil stockpiles by the end of August Palm oil stockpile seen resuming its uptrend in coming months Plantation sector Maintain underweight: Palm oil inventory declined for the 13th consecutive month by 5.3% month-on-month (m-o-m) to 2.25 million tonnes in August 2019, as seasonally higher production was more than mitigated by a 16.4% m-o-m jump in exports.

PALM oil futures traded in Malaysia dropped yesterday, reversing earlier gains, on concern that higher second-half production will swell stockpiles and depress prices. The price of the world’s most traded vegetable oil may stay below RM2,000 ringgit a metric ton as output climbs faster than demand, according to Maybank Investment Bank Bhd. and OSK Research.

Malaysian palm oil inventories likely tumbled to its lowest since June 2017, as dry weather and lower fertiliser usage in the second largest palm producer early last year suppressed output to near Strong demand from India and China over the past few weeks, lower production and steady domestic consumption are expected to have squeezed Malaysia’s palm oil stockpiles by the end of August Palm oil stockpile seen resuming its uptrend in coming months Plantation sector Maintain underweight: Palm oil inventory declined for the 13th consecutive month by 5.3% month-on-month (m-o-m) to 2.25 million tonnes in August 2019, as seasonally higher production was more than mitigated by a 16.4% m-o-m jump in exports. Palm and PME ride a crest of optimism into 2020 Singapore — Analysts and traders fixated on the elevated crude palm oil stockpile at the beginning of 2019 are left cheering as CPO stocks fell across Malaysia and Indonesia while prices rallied to MR 2,684/mt (US $648/mt) December 4 against MR 2,065/mt at the beginning of the year. Palm oil inventory declined for the fourth consecutive month (by 12.7% MoM) to 1.76m tonnes in Jan-20 (the lowest since Jun- 17), due mainly to lower output and imports, which more than offset weaker exports. The stockpile came in slightly lower than Bloomberg consensus median forecast of 1.78m tonnes, mainly on lower-than-expected output. Palm oil enjoyed a robust 2019, as Indonesia, the world’s largest producer, increased the use of biodiesel made from the commodity while output growth slowed because of dry weather. Historically, Palm Oil reached an all time high of 4298 in March of 2008.

Including Indonesia’s stocks of more than 4.4 million tonnes in October, the world’s two largest palm oil producers have a combined stockpile of nearly eight million tonnes. A stubbornly high palm oil stockpile does not bode well for CPO prices.

5 Feb 2020 KUALA LUMPUR: Malaysian palm oil inventories likely tumbled to its lowest since June 2017, as dry weather and lower fertiliser usage in the  Palm oil is derived from the flesh of the fruit of the oil palm species E. Guineensis. In its virgin form, the oil is bright orange… 13 Jan 2020 MALAYSIA'S palm oil inventory fell to two million tonnes in December last year, the lowest in 28 months, according to the Malaysian Palm Oil  7 Jan 2020 Malaysian palm oil stockpiles likely dropped to their lowest level in 27 months in December, with production and export demand for the tropical  Bar chart showing country rankings - Palm Oil - Production in 1000 MT. Access all the vital palm oil & crude palm data such as Import, Exports, Production, Stocks only on palmoilanalytics.com.

1 Jun 2019 Malaysia has been trying to cut its palm oil stockpile, which hit its highest last December in at least 19 years, in a bid to shore up prices. Maintain underweight: Palm oil inventory declined for the 13th consecutive month by 5.3% month-on-month (m-o-m) to 2.25 million tonnes in August 2019, as seasonally higher production was more than mitigated by a 16.4% m-o-m jump in exports. Against consensus, the stockpile came in higher than Bloomberg consensus median estimate of 2.22 million tonnes, due mainly to higher-than-expected production. Malaysian palm oil inventories likely tumbled to its lowest since June 2017, as dry weather and lower fertiliser usage in the second largest palm producer early last year suppressed output to near