PAKISTAN VANASPATI MANUFACTURERS ASSOCIATION
WEEKLY BULLETIN
Dated 19-07-2010
Issue No: 197
SHIPPING & PORTS NEWS
Vessel |
ETA
|
Quantity
|
Status/Remarks
|
|
MT Argent Eye Bright
|
20-07-10
|
17,000.00
|
On High Seas
|
|
MT Bunga Alpina
|
NIL
|
15,000.00
|
Discharging at Karachi Port
|
|
MT Chembulk Singapore
|
NIL
|
17,000.00
|
Discharging at Port Qasim
|
|
MT Champion Biral
|
NIL
|
18,500.00
|
Outer at Port Qasim
|
|
MT Caribbean Orchid
|
NIL
|
10,000.00
|
Outer at Port Qasim
|
Remark:
- Chembulk Singapore arrived and outer anchorage Port Qasim on 14-07-10.
- Champion Biral arrived and outer anchorage Port Qasim on 16-07-10.
- Caribbean Orchid arrived and outer anchorage Port Qasim on 16-04-10.
STOCKS AVAILABLE AT KARACHI TERMINALS AS ON 19-07-2010
Name of Product |
Quantity in M.Tons
|
Remarks
|
|
RBD Palm Olein
|
50,819.00
|
|
|
RBD Palm Oil
|
20,785.00
|
|
|
CDSBO
|
10,019.00
|
|
|
CPO
|
15,422.00
|
|
|
Tallow
|
10,170.00
|
|
Delivery in Week: 27,646.00 M.Tons
Expected Arrival: 48,250.00 M.Tons
INTERNATIONAL MARKET WATCH 4th WEEK, JUNE 2010
Prices in the domestic and export markets traded mixed.
Crude Palm Oil prices traded lower by RM 32.00 to RM 2,495.00 with the highest traded price at RM 2,515.00 Price of RBD Palm Olein traded lower by US$ 10.50 to US$ 792.00, palm oil prices were traded lower mainly due to;
- In line with other vegetable oil markets, on expectations the Chinese Yuan’s appreciation may not translate into higher commodity demand.
- Weaker crude oil prices weighed on other vegetable oils, CBOT and China’s Dalian Exchange soybean oil futures were also pressured.
- Bearish palm oil fundamentals were likely to limit any price gains for the rest of the week.
Crude Palm Oil Export Duty
- For the week 21/06/2010-27/06/2010, the CPO export duty payable is RM 537.66 a tonne.
Palm Oil prices in Europe traded higher.
- Crude palm oil prices traded higher by US$ 17.50 at US$ 799.50 CPO discount vis-à-vis SBO widened at US$ 140.00 this week.
- RBD Palm Olein traded lower byUS$ 26.50 at US$ 836.00 and was at a discount of US$ 39.00 against SBO.
PRICES US $ / Tonne FOB Malaysia
RBD Palm Oil
16/06/10 |
17/06/10
|
18/06/10
|
21/06/10
|
22/06/10
|
Present
|
Previous
|
Diff +/-
|
|
777.00
|
781.00
|
NT
|
NT
|
795.00
|
780.00
|
777.50
|
2.50
|
RBD Palm Olein
783.50 |
788.50
|
789.00
|
807.00
|
NT
|
792.00
|
781.50
|
10.50
|
Palm Stearin
745.50 |
747.50
|
NT
|
NT
|
773.00
|
749.00
|
761.00
|
-12.00
|
LANDED INDONESIA CPO PRICES IN MALAYSIA
FOB Indonesia US$ (offered price)
752.50 |
752.50
|
767.50
|
767.50
|
770.00
|
762.00
|
755.50
|
6.50
|
Landed Indonesia CPO US$
763.50 |
763.50
|
778.50
|
778.50
|
781.00
|
773.00
|
766.50
|
6.50
|
Landed Indonesia CPO (RM)
2,487.86 |
2,500.88
|
2,549.98
|
2,489.64
|
2,499.98
|
2,505.67
|
2,523.50
|
-17.83
|
FUTURE PRICES (TONNE)
BMD CPO August 10 (RM)
2,380.00 |
2,398.00
|
2,400.00
|
2,405.00
|
2,377.00
|
2,392.00
|
2,403.00
|
-11.00
|
Remarks: International Market Watch & Prices not updated.
LOCAL MARKET PRICE
PRODUCTS |
RATE
|
UNIT
|
|
RBD Palm Oil
|
Rs 3,760.00
|
Per Maund
|
|
RBD Palm Olein
|
Rs 3,740.00
|
Per Maund
|
|
P.F.A.D
|
Rs 2,900.00
|
Per Maund
|
|
Rapeseed Oil
|
Rs 3,900.00
|
Per 40 KG
|
|
Cotton Seed Oil
|
NTR
|
Per 37 KG
|
|
Canola Seed Oil
|
Rs 3,700.00
|
Per 37 KG
|
|
Soybean Oil
|
Rs NTR
|
Per 37 KG
|
|
Sunflower Oil
|
Rs 3,725.00
|
Per 37 KG
|
Pakistan Oils and Fats Related Discharge Comparison For 2009/2010
June 01 To 15
Products |
Jul-09
|
Jun-10
|
Jul-10
|
|
RBD Palm Oil
|
13,296
|
2,000
|
7,947
|
|
RBD Palm Olein
|
9,998
|
27,750
|
68,353
|
|
P.K.F.A
|
NIL
|
NIL
|
NIL
|
|
Palm Kernal Oil
|
NIL
|
NIL
|
700
|
|
P.K.F.A.D
|
NIL
|
NIL
|
NIL
|
|
P.K.A.O
|
NIL
|
NIL
|
NIL
|
|
C.P.K.O
|
498
|
NIL
|
720
|
|
RBD Palm Strearin
|
2,000
|
NIL
|
3,250
|
|
R.O.F.S
|
NIL
|
NIL
|
NIL
|
|
Crude Palm Oil
|
21,861
|
2,000
|
19,749
|
|
Palm Acid Oil
|
NIL
|
NIL
|
NIL
|
|
P.F.A.D
|
NIL
|
NIL
|
2,000
|
|
C.D.S.B.O
|
NIL
|
NIL
|
NIL
|
|
Tallow
|
NIL
|
7,738
|
NIL
|
|
Crude Coconut Oil
|
NIL
|
NIL
|
NIL
|
|
Total (M.Tons)
|
47,663
|
39,488
|
102,710
|
Kerb Market FX Rate US$ Ex. Inter Bank Rate PKR Vs US$
|
Date
|
Bid
|
Offer
|
|
12/07/10
|
85.35
|
85.65
|
|
13/07/10
|
85.85
|
86.10
|
|
14/07/10
|
85.85
|
86.10
|
|
15/07/10
|
85.85
|
86.10
|
|
16/07/10
|
85.85
|
86.10
|
|
Date
|
Bid
|
Offer
|
Close
|
|
12/07/10
|
85.7600
|
85.7800
|
85.7700
|
|
13/07/10
|
85.7600
|
85.7700
|
85.7650
|
|
14/07/10
|
85.7400
|
85.7600
|
85.7500
|
|
15/07/10
|
85.5600
|
85.5800
|
85.5700
|
|
16/07/10
|
85.6200
|
85.6400
|
85.6300
|
|
