Market Update – Wednesday 8th June 2022
June 8, 2022
As the war in Ukraine pushes past the 100-day mark, it might be a good…
Palm and Lauric oils Congress has begun today in Kuala Lumpur which will see about 2000 of the industries most influential people meeting to discuss the market. However we need to wait for Wednesday afternoon for Dorab Mistrey report on pricing to get a feel for where the market might be headed. For now the market is quiet with little being done until traders return to work. Coconut oil has weakened last week a little on thin trading. Again this week should be quiet as everyone waits for POC to finish.
Desiccated has been weaker last week again on thin trading as most watch and wait. Tales of stock piles in Indonesia and rejections Indonesian product are also helping to keep prices weak. But there are buyers out there watching and waiting to cover the 2nd quarter.
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June 8, 2022
As the war in Ukraine pushes past the 100-day mark, it might be a good…
May 6, 2022
Indonesia The ban on palm oil exports put the market in a spin at the…
April 25, 2022
Update from Reuters JAKARTA, April 25 (Reuters) - Indonesia's agriculture ministry said on Monday that…
April 20, 2022
In a post-COVID World with global conflicts and some countries on the verge of a…
March 2, 2022
War by its nature leads markets into uncertainty. And for edible oil markets war in…
January 12, 2022
Due to ongoing Omicron COIVD outbreaks in the Philippines, we are seeing delays in getting…
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