AMSTERDAM, Sept 11 (Reuters) - Concerns about rising stocks and weaker export figures were weighing on palm oil markets, but a possible pickup in European demand in coming months may limit the downward potential of prices, traders said on Friday.
Strong demand from China and India over the summer has bolstered prices, but traders said demand from these regions is tapering off with the end of festival seasons.
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CPO Data
May 1-10th vs April 1-10th Export Data :
ITS - 380,047 vs 456,440 (-16.74%)
SGS - 377,193 vs 462,276 (-18.41%)
SGS - 377,193 vs 462,276 (-18.41%)
May 1-15th vs April 1-15th Export Data :
ITS - 599,300 vs 648,275 (-7.55%)
SGS - 611,277 vs 629,990 (-2.97%)
MPOB April 2013 vs March 2013
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CPO Tender as per 16/05/2013
124 Contracts (P.K.)
- Contracts (BTW)
- Contacts (P.G.)
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Total Tender:
184 contracts (P.K)
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MPOB April 2013 vs March 2013
Prod: 1,366,495 vs 1,325,128
(+3.12%)
Stock:1,926,723vs2,173,285
(-11.35%)
Export: 1,449,428 vs 1,535,657
(-5.62%)
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CPO Tender as per 16/05/2013
124 Contracts (P.K.)
- Contracts (BTW)
- Contacts (P.G.)
*****************************
Total Tender:
184 contracts (P.K)
- contracts (BTW)
- contracts (P.G)
*****************************
CPO Re-Tender as per 16/05/2013
- contracts (P.G)
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CPO Re-Tender as per 16/05/2013
- Contracts
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Total CPO Re-Tender:
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