Malaysian Palm Oil Board (MPOB): Malaysia's palm oil stocks are expected to fall to 1.50 million tonnes by the end of February, the lowest level in nearly two years.
On February 21, according to foreign media reports, Farid Amir, an official at the Indonesian trade ministry, said on Friday that the Indonesian government has not discussed restricting palm oil exports before Ramadan. Due to concerns about production, including market speculation that Indonesia may impose export restrictions before Ramadan, Malaysian palm oil futures are expected to post a fifth consecutive week of gains. Farid Amir said, "Such bans have not been discussed. I understand that th...
Daily Malaysian Palm Oil Point Forecast, a selection of research institutions report on the fundamentals and technical points of palm oil.
At the end of the morning, the main contracts of domestic futures were mixed. Palm oil rose more than 2%, soda ash, No. 20 rubber, coking coal, asphalt, and rapeseed oil rose more than 1%; in terms of decline, the Consolidated European Line fell more than 5%, and liquefied petroleum gas (LPG), polysilicon, and corn fell nearly 1%.
At the opening of the night session, the main domestic futures contracts rose more and fell less, with fuel, palm oil, and beans rising more than 1%. In terms of decline, caustic soda fell more than 1%.
BMD Malaysia's main palm oil contract rose by 4.00% during the day and is now trading at RM4,770/ton.
BMD Malaysia's main palm oil contract rose by more than 2.00% in the day and is now trading at 4,685 ringgit/ton.
On February 10, the Malaysian Palm Oil Board (MPOB) reported that Malaysia's palm oil production in January was 1237,078 tons, a decrease of 16.80% compared with the previous month.
On February 10, the Malaysian Palm Oil Board (MPOB) reported that Malaysia's palm oil inventories in January were 1579,763 tons, a decrease of 7.55% compared with the previous month.
On February 10, the Malaysian Palm Oil Board (MPOB) reported that Malaysia's palm oil exports in January were 1,168,324 tons, a decrease of 12.94% compared with the previous month.
On February 10, the Malaysian Palm Oil Board (MPOB) reported that Malaysia imported 88,474 tons of palm oil in January, an increase of 133.34% from the previous month.
Daily Malaysian Palm Oil Point Forecast, a selection of research institutions report on the fundamentals and technical points of palm oil.
According to data from the Southern Peninsula Palm Oil Pushers Association (SPPOMA), Malaysia's palm oil production decreased by 0.41%, oil output decreased by 0.96%, and output decreased by 3.13% from January 1 to 25, 2025.
The official news: The Indonesian Palm Oil Fund has resumed disbursement of funds to biodiesel producers and launched a palm tree replanting program.
Official news: Due to the restructuring of the palm oil fund, Indonesia has temporarily frozen financial support for palm tree replanting projects.