NUSA DUA, Indonesia, Dec 3 (Reuters) - Malaysian palm oil futures and soybean futures are set to fall in December as they are overvalued, but may rise again in the following six months as the world replenishes oilseed and vegetable oil stocks, leading analyst Thomas Mielke said on Thursday.
"We think in December prices will go down also on fund selling but prices will be higher in January-June under the lead of sun oil," Mielke, chief executive of German oilseed analyst Oil World, told Reuters on the sidelines the three-day Indonesian Palm Oil Conference and Price Outlook 2010 on the resort island of Bali.
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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)
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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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