Fastmarkets has corrected its February (M2) for AG-PLM-0012, Refined bleached deodorised (RBD) palm olein, fob Indonesia, $ per tonne, which was published incorrectly on Friday January 2 due to a reporter error.

Fastmarkets’ pricing database has been updated. The following prices were affected:AG-PLM-0027 Crude palm kernel oil, fob Indonesia, $/tonneAG-PLM-0029 Refined bleached deodorised (RBD) palm kernel olein, fob Indonesia, $/tonneAG-PLM-0031Refined bleached deodorised (RBD) palm kernel oil, fob Indonesia, $/tonne AG-PLM-0033 Refined bleached deodorised (RBD) palm kernel stearin, fob Indonesia, $/tonne These prices are part of the Fastmarkets Ags […]

The palm oil market is at a crossroads. As global demand for food, fuel, and other essentials grows, production struggles to keep pace. For years, Indonesia has driven the expansion of palm oil supply, but its recovery is now met by adverse land policy exacerbated by stagnation in Malaysia’s oil palm planted area and declining […]

Fastmarkets proposes to discontinue the following duplicate prices, which were previously assessed on a US timestamp and also assessed in Asia, to better reflect observed market liquidity and based on previously received market feedback. Fastmarkets assessed these markets in both the US and Asia following the acquisition and merger of The Jacobson and Palm Oil […]

Fastmarkets has proposed several changes to the methodologies for its suite of global palm and lauric oil methodologies to give more insight into how these prices are assessed. It is also clarifying the timing and monthly rolls of several assessments. Fastmarkets has observed growth and market interest in these prices and wishes to give more […]

Fastmarkets is launching two price assessments for palm oil mill effluent (POME) for loading out of ports in Malaysia in Indonesia, to meet growing interest from biofuel producers and consumers in Europe and other parts of Asia. The first publication of these two price assessments will be on Thursday December 4 and will be published […]

The publication of Fastmarkets’ AG-PLM-0013 Crude palm oil, cfr west coast India, $/tonne and AG-PLM-0014 Crude palm oil, cfr east coast India, $/tonne assessments for Thursday November 27 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.

Vegoils futures dropped across markets and regions, with Malaysian crude palm oil (CPO) futures hitting a four-month low while Chicago soyoil futures fell, pressured by lower crude oil prices and expectations around US biofuel policies.

The spot price for AG-PLM-0022 refined bleached deodorised (RBD) palm stearin fob Indonesia was published incorrectly on Thursday as $1,070 per tonne and has been corrected to $1,050 per tonne. The M1 November price for refined bleached deodorised palm stearin on Thursday has also been corrected to $1,050 per tonne from $1,070 per tonne. Fastmarkets’ pricing database […]

Vegoils futures traded mostly lower on Friday October 10 after Malaysian data showed higher-than-expected palm oil stocks and as crude prices plummeted on progress in peace talks in the Gaza Strip.