Oilseeds, Palm Kernel PSD

Oilseed, Palm Kernel Malaysia

2013/2014

2014/2015

2015/2016

Market Year Begin: Oct 2013

Market Year Begin: Oct 2014

Market Year Begin: Oct 2015

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Area Planted

0

0

0

0

0

Area Harvested

4526

4526

4,689

4,689

4,800

Trees

0

0

0

0

0

Beginning Stocks

111

111

153

153

148

Production

5,100

5,100

5,150

5,120

5,150

MY Imports

24

24

0

0

0

MY Imp. from U.S.

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

Total Supply

5,235

5,235

5,303

5,273

5,298

MY Exports

5

5

5

5

5

MY Exp. to EU

0

0

0

0

0

Crush

5,077

5,077

5,200

5,120

5,150

Food Use Dom. Cons.

0

0

0

0

0

Feed Waste Dom. Cons.

0

0

0

0

0

Total Dom. Cons.

5,077

5,077

5,200

5,120

5,150

Ending Stocks

153

153

98

148

143

Total Distribution

5,235

5,235

5,308

5,273

5,298

1000 HA, 1000 TREES, 1000 MT

Palm Kernel Oil

Production of Palm Kernel Oil (PKO) is expected to drop 0.43 percent to 2.30 million tons in 2014/15 from 2.31 million tons in 2013/14. A slight increase is anticipated for 2015/16 with PKO output estimated to increase to 2.35 million tons.

PKO exports are forecast to drop from 1.05 million tons in 2013/14 to 1.03 million tons in 2014/15. For 2015/16, exports of PKO are forecast to rebound to 1.05 million tons. The main destinations are the U.S., China, Japan, Brazil and Egypt.

Oil, Palm Kernel PSD

Oil, Palm Kernel Malaysia

2013/2014

2014/2015

2015/2016

Market Year Begin: Oct 2013

Market Year Begin: Oct 2014

Market Year Begin: Oct 2015

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

5,077

5,077

5,200

5,100

5,100

Extr. Rate, 999.9999

0.4550

0.4550

0.4519

0.4510

0.4608

Beginning Stocks

284

284

282

282

252

Production

2,310

2,310

2,350

2,300

2,350

MY Imports

204

204

210

200

180

MY Imp. from U.S.

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

Total Supply

2,798

2,798

2,842

2,782

2,782

MY Exports

1,056

1,056

1,100

1,030

1,050

MY Exp. to EU

0

0

0

0

0

Industrial Dom. Cons.

1,350

1,350

1,400

1,400

1,450

Food Use Dom. Cons.

110

110

115

100

100

Feed Waste Dom. Cons.

0

0

0

0

Total Dom. Cons.

1,460

1,460

1,515

1,500

1,550

Ending Stocks

282

282

227

252

182

Total Distribution

2,798

2,798

2,842

2,782

2,782

1000 MT, PERCENT

Palm Kernel Meal

Palm kernel meal production is expected to drop slightly from 2.75 million tons in 2013/14 to 2.7 million tons in 2014/15. As palm kernel meal commands a higher price in overseas markets, most of the production goes to New Zealand and the EU. Less than 10 percent is consumed domestically.

Meal, Palm Kernel PSD

Meal, Palm Kernel Malaysia

2013/2014

2014/2015

2015/2016

Market Year Begin: Oct 2013

Market Year Begin: Oct 2014

Market Year Begin: Oct 2015

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

5,077

5,077

5,200

5,100

5,150

Extr. Rate, 999.9999

0.5417

0.5417

0.5365

0.5294

0.5392

Beginning Stocks

7

7

46

46

26

Production

2,750

2,750

2,790

2,700

2,750

MY Imports

14

14

10

10

10

MY Imp. from U.S.

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

Total Supply

2,771

2,771

2,846

2,756

2,786

MY Exports

2,485

2,485

2,530

2,500

2,500

MY Exp. to EU

558

558

500

600

600

Industrial Dom. Cons.

0

0

0

0

0

Food Use Dom. Cons.

0

0

0

0

0

Feed Waste Dom. Cons.

240

240

250

230

235

Total Dom. Cons.

240

240

250

230

235

Ending Stocks

46

46

66

26

51

Total Distribution

2,771

2,771

2,846

2,756

2,786

1000 MT, PERCENT