PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 02 Jul 2024

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WEST MALAYSIA / SUMATRA PALM OIL FREIGHT RATES
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Following are freight rates provided by shipping brokers.

DESTINATION PRODUCTS RATESRotterdam CPO$50/tonnePakistan RBD Palm Oil$25-$28/tonneIndia (West Coast) RBD Palm Olein$27-$28/tonneCPO$27-28/tonneIndia (East Coast) RBD Palm Olein$22-$24/tonneCPO$22-$24/tonneEgypt/Jordan/Saudi Arabia/Sudan Palm Oil$33-$38/tonne

Note:· Freight rates from East Malaysia are normally between $3 to $4/tonne higher.· Freight rates to Rotterdam for above 10,000 tonnes of CPO standat between $50 to $60 a tonne for the spot month. For shipments below10,000 tonnes, rates could reach as high as $65 a tonne.

REUTERS01/02/01