MPOB PALM OIL PRICES (RM/MT) : JAN 22

MOHD NIZAMUDDIN RAHIM
 MPOB PALM OIL PRICES – JAN 22, 2020 (RM/MT)
  JAN FEB MAR
  CPO DELD                 2,972.50 NT NT
  PK EX-MILL 1,840.00 NT NT
  CPKO DELD                NT 3,687.00 NT
  RBD P. OIL (FOB) NT NT NT
  RBD P. OLEIN (FOB) NT NT NT
  RBD P. STEARIN (FOB)       NT NT NT
 Note : Preliminary. NT – No Transaction
 Actual In Homepage

LOCAL MALAYSIA CPO PRICE TRADED FIRM ON EXPECTATION OF REDUCED CPO PRODUCTION IN THE FIRST HALF OF THE YEAR AND HIGHER BIODIESEL CONSUMPTION IN INDONESIA AND MALAYSIA WILL TIGHTEN THE MARKET. CPO DELIVERY PRICES TRADED BETWEEN RM2,950/TONNE AND RM3,010/TONNE. PALM KERNEL PRICE TRADED BETWEEN RM1,830/TONNE 3ND RM1,870/TONNE.

-- BERNAMA