Monthly Stock Comparison 2021
| Country : China | ||||||||||||
| Oils and Fats Ending Stocks | ||||||||||||
| Palm Oil (MT) | Soybean Oil (MT) | Sunflower Oil (MT) | Rapeseed Oil (MT) | Other Oils (MT) | Total Ending Stocks (MT) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | |
| January | 732,000 | 1,024,200 | 674,800 | 762,500 | – | – | 165,900 | 297,400 | – | – | 1,572,900 | 2,084,100 |
| February | 739,200 | 1,053,100 | 728,900 | 1,092,000 | – | – | 162,800 | 300,600 | – | – | 1,630,900 | 2,445,700 |
| March | 548,800 | 878,800 | 617,800 | 952,800 | – | – | 188,600 | 262,800 | – | – | 1,355,200 | 2,094,400 |
| April | 507,800 | 607,000 | 626,400 | 700,200 | – | – | 219,400 | 146,800 | – | – | 1,353,600 | 1,454,000 |
| May | 447,900 | 527,100 | 744,200 | 735,200 | – | – | 325,400 | 179,300 | – | – | 1,517,500 | 1,441,600 |
| June | 341,500 | 482,900 | 842,200 | 884,000 | – | – | 354,900 | 172,500 | – | – | 1,538,600 | 1,539,400 |
| July | 339,100 | 428,400 | 903,600 | 998,900 | – | – | 418,000 | 199,600 | – | – | 1,660,700 | 1,626,900 |
| August | 450,300 | 479,100 | 850,100 | 1,057,800 | – | – | 423,100 | 176,500 | – | – | 1,723,500 | 1,713,400 |
| September | 398,300 | 409,500 | 826,300 | 1,056,600 | – | – | 413,600 | 224,200 | – | – | 1,638,200 | 1,690,300 |
| October | 490,400 | 470,500 | 790,700 | 1,022,200 | – | – | 387,200 | 221,100 | – | – | 1,668,300 | 1,713,800 |
| November | 600,500 | 900,100 | – | 157,400 | – | 1,658,000 | ||||||
| December | 714,000 | 752,900 | – | 124,500 | – | 1,591,400 | ||||||
| Country : India | ||||||||||||
| Oils and Fats Ending Stocks | ||||||||||||
| Palm Oil (MT) | Soybean Oil (MT) | Sunflower Oil (MT) | Rapeseed Oil (MT) | Other Oils (MT) | Total Ending Stocks (MT) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | |
| January | 401,695 | 657,547 | 118,327 | 153,082 | 175,553 | 191,371 | – | – | – | 41 | 695,575 | 1,002,041 |
| February | 317,878 | 672,605 | 181,820 | 234,376 | 119,470 | 233,285 | – | 1,552 | – | – | 619,168 | 1,141,818 |
| March | 213,162 | 533,094 | 138,090 | 237,014 | 141,126 | 248,085 | – | 2,015 | – | – | 492,378 | 1,020,208 |
| April | 244,644 | 497.435 | 81,977 | 119,136 | 191,293 | 251,697 | – | 452 | – | – | 517,914 | 868,720 |
| May | 314,760 | 315,101 | 125,738 | 99,678 | 162,190 | 173,397 | – | 1,075 | – | – | 602,688 | 589,251 |
| June | 316,770 | 330,207 | 186,535 | 100,256 | 256,980 | 183,899 | – | 173 | – | – | 760,285 | 615,535 |
| July | 219,568 | 460,302 | 223,333 | 147,634 | 185,517 | 198,013 | – | – | – | – | 628,418 | 805,949 |
| August | 320,267 | 420,613 | 215,574 | 206,444 | 106,523 | 178,975 | 5,641 | – | – | – | 647,825 | 806,032 |
| September | 602,429 | 304,957 | 175,852 | 210,691 | 131,559 | 81,048 | 10,417 | 16,552 | – | – | 920,257 | 613,248 |
| October | 420,691 | 353,361 | 108,025 | 151,280 | 87,185 | 93,783 | 15,233 | 7,640 | – | – | 631,134 | 606,064 |
| November | 303,123 | 171,356 | 141,032 | 1,232 | – | 616,743 | ||||||
| December | 376,317 | 142,401 | 157,091 | 15 | – | 675,824 | ||||||
October 2021 stocks are 4% higher than October 2020 and 31% lower than the previous month, September 2021. The previous month was an anomaly as it showed a sharp increase compared to all other months in the year. Whilst POP stocks fell 30% compared to September 2021, Soft Oils stocks fell 31%. Total stocks fell 31% compared to previous month, coming down to levels not much different from other months, whereas Sept had registered a sharp increase. Although prices continue to rise, RBD Olein imports have increased sharply, thereby increasing POP imports and stocks, due to being included in Free List. Both Palm and Soft Oil stocks have fallen, but ultimate composition of the import basket will depend upon how fast the HORECA sector will come back to its normal operating levels. SFO stocks fell 34% compared to September 2021 whilst SBO stocks reduced by 39%. SFO stocks fell by 7% compared to October 2020 whilst SBO stocks fell 29%.
Source: MPOC Market Intelligence
Stock figures will be updated no later than the 10th of every month
*Disclaimer: This document has been prepared based on information from sources believed to be reliable but we do not make any representations as to its accuracy. This document is for information only and opinion expressed may be subject to change without notice and we will not accept any responsibility and shall not be held responsible for any loss or damage arising from or in respect of any use or misuse or reliance on the contents. We reserve our right to delete or edit any information on this site at any time at our absolute discretion without giving any prior notice.
| Country : Pakistan | ||||||||||||
| Oils and Fats Ending Stocks | ||||||||||||
| Palm Oil (MT) | Soybean Oil (MT) | Sunflower Oil (MT) | Rapeseed Oil (MT) | Other Oils (MT) | Total Ending Stocks (MT) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | |
| January | 321,802 | 373,630 | – | 7,000 | – | – | – | – | – | – | 321,802 | 370,630 |
| February | 341,195 | 417,170 | – | 3,300 | – | – | – | – | – | – | 341,195 | 420,470 |
| March | 242,300 | 380,270 | – | 100 | – | – | – | – | – | – | 242,300 | 380,370 |
| April | 186,430 | 316,405 | 8,000 | – | – | – | – | – | – | – | 194,430 | 316,405 |
| May | 187,050 | 298,750 | 31,000 | 17,500 | – | – | – | – | – | – | 218,050 | 316,250 |
| June | 174,800 | 275,180 | 21,000 | 3,800 | – | – | – | – | – | – | 195,800 | 278,980 |
| July | 168,810 | 264,000 | 21,900 | 33,000 | – | – | – | – | – | – | 190,710 | 297,000 |
| August | 271,255 | 277,985 | 15,900 | 17,750 | – | – | – | – | – | – | 287,155 | 295,735 |
| September | 297,436 | 224,376 | 13,900 | 33,250 | – | – | – | – | – | – | 311,336 | 257,626 |
| October | 331,496 | 171,935 | 20,900 | 14,800 | – | – | – | – | – | – | 352,396 | 186,735 |
| November | 207,260 | 4,800 | – | – | – | – | — | – | 212,060 | |||
| December | 286,380 | – | – | – | – | – | – | – | 286,380 | |||
At the end of October 2021, the edible oil stocks at Port Qasim Authority (PQA) and Karachi Port Trust (KPT) have recorded a figure of 352,396 MT which is 13.19% higher than the closing stocks of the previous month.
The imports of palm oil in Pakistan maintained its momentum and the total arrival in the month of October is estimated to be over 310,000 MT. This has resulted in further building up of the edible oils stocks which is currently slightly over monthly average and is likely to stay at this level in November as well. The consumption of oils and fats is likely to pick up in the last two months and the imports of palm oil is anticipated to take a slight dip due to consistent high prices. This may result in reduction in total stocks towards the end of 2021.
Out of the total 352,396 MT of stocks available at Port Qasim Authority and Karachi Port, the stocks of palm oil is showing the highest share of 42.99% followed by RBD palm olein 40.41% and soybean oil 05.93%. Palm oil and its various fractions have a share of 94.07% in the total ending stocks.
Source: MPOC Market Intelligence
Stock figures will be updated no later than the 10th of every month
*Disclaimer: This document has been prepared based on information from sources believed to be reliable but we do not make any representations as to its accuracy. This document is for information only and opinion expressed may be subject to change without notice and we will not accept any responsibility and shall not be held responsible for any loss or damage arising from or in respect of any use or misuse or reliance on the contents. We reserve our right to delete or edit any information on this site at any time at our absolute discretion without giving any prior notice.
| Country : Bangladesh | ||||||||||||
| Oils and Fats Ending Stocks | ||||||||||||
| Palm Oil (MT) | Soybean Oil (MT) | Sunflower Oil (MT) | Rapeseed Oil (MT) | Other Oils (MT) | Total Ending Stocks (MT) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | |
| January | 5,429 | 88,773 | 63,373 | 77,972 | – | 2,985 | – | – | – | – | 68,802 | 169,730 |
| February | 91,866 | 74,392 | 82,237 | 37,740 | – | 2,984 | – | – | – | – | 174,103 | 115,116 |
| March | 68,247 | 116,480 | 128,237 | 93,896 | – | 2,984 | – | – | – | – | 196,484 | 213,360 |
| April | 70,697 | 115,809 | 169,576 | 84,217 | – | 2,984 | – | – | – | – | 240,273 | 203,010 |
| May | 74,586 | 110,466 | 191,339 | 16,837 | – | 485 | – | – | – | – | 265,925 | 127,788 |
| June | 68,586 | 74,344 | 176,428 | 61,468 | – | 485 | – | – | – | – | 245,014 | 136,297 |
| July | 93,003 | 68,911 | 172,841 | 112,140 | – | 485 | – | – | – | – | 265,844 | 181,536 |
| August | 28,700 | 37,501 | 48,720 | 114,885 | – | 485 | – | – | – | – | 77,420 | 152,871 |
| September | 24,460 | 33,072 | 60,470 | 105,929 | – | 485 | – | – | – | – | 84,930 | 139,486 |
| October | 45,860 | 34,906 | 47,995 | 106,267 | – | 485 | – | – | – | – | 93,855 | 141,658 |
| November | 3,669 | 102,312 | 485 | – | – | 106,466 | ||||||
| December | 30,442 | 115,817 | – | – | – | 146,259 | ||||||
Import quantity of RBD Olein in Oct 2021 was 151404 tonnes which was 45.16% higher compared to the quantity imported in Oct 2020, No Import quantity of RBD PO in Oct 2021 and Oct 2020. Import quantity of CDSBO in Oct 2021 was 92,170 tonnes, which witnessed a significant increased by 76.46% compared to Oct 2020. There was no import data for CPL, refined soybean, and blended vegetable oil, Sunflower Seed Oil in Oct 2021.
In Oct 2021, total only 230,649 tonnes of CDSBO & RBD PL were lifted from the bulk storage terminals of which 130,004 tonnes i.e 56.36% was palm oil and rest 104,645 tonnes i.e. 43.64% was CDSBO. Due to normalized people activities post lockdown, trading volume vis-a-vis lifting of edible oils from bulk storage facilities has been increased compared to past, and gradually improving the consumption
Source: MPOC Market Intelligence
Due to unforeseen circumstances, stock figures for Bangladesh will be delayed
*Disclaimer: This document has been prepared based on information from sources believed to be reliable but we do not make any representations as to its accuracy. This document is for information only and opinion expressed may be subject to change without notice and we will not accept any responsibility and shall not be held responsible for any loss or damage arising from or in respect of any use or misuse or reliance on the contents. We reserve our right to delete or edit any information on this site at any time at our absolute discretion without giving any prior notice.
| Country : USA | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oils and Fats Ending Stocks | ||||||||||||
| Palm Oil (MT) | Soybean Oil (MT)* | Sunflower Oil (MT)* | Rapeseed Oil (MT) | Other Oils (MT) | Total Ending Stocks (MT)* | |||||||
| 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | |
| January | 170,000 | 155,000 | 823,000 | 689,000 | 34,000 | 38,300 | 106,000 | 72,300 | 113,000 | 55,400 | 1,246000 | 1,010,000 |
| February | 170,000 | 161,500 | 777,000 | 690,000 | 34,000 | 27,000 | 71,000 | 82,000 | 113,000 | 79,500 | 1,165,000 | 1,040,000 |
| March | 170,000 | 168,000 | 786,000 | 830,000 | 30,000 | 25,000 | 71,000 | 73,000 | 117,000 | 54,000 | 1,174,000 | 1,150,000 |
| April | 170,000 | 160,000 | 779,000 | 853,000 | 34,000 | 27,000 | 71,000 | 83,000 | 113,000 | 107,000 | 1,167,000 | 1,230,000 |
| May | 170,000 | 164,500 | 686,000 | 880,000 | 23,000 | 23,000 | 67,000 | 85,000 | 110,000 | 97,500 | 1,056,000 | 1,250,000 |
| June | 170,000 | 160,000 | 675,000 | 916,000 | 23,000 | 24,000 | 60,000 | 66,000 | 113,000 | 114,000 | 1,041,000 | 1,280,000 |
| July | 170,000 | 178,000 | 659,000 | 935,000 | 23,000 | 34,000 | 60,000 | 65,000 | 113,000 | 98,000 | 1,025,000 | 1,310,000 |
| August | 170,000 | 160,000 | 670,000 | 941,000 | 23,000 | 33,000 | 62,900 | 64,000 | 113,000 | 22,000 | 1,038,000 | 1,220,000 |
| September | 170,000 | 171,000 | 815,000 | 844,000 | 23,000 | 28,000 | 60,000 | 75,000 | 113,000 | 112,000 | 1,181,000 | 1,230,000 |
| October | 154,000 | 165,000 | 867,000 | 796,000 | 23,000 | 31,000 | 58,000 | 61,000 | 113,000 | 237,000 | 1,215,000 | 1,290,000 |
| November | 160,000 | 857,000 | 34,000 | 87,000 | 113,000 | 1,251,000 | ||||||
| December | 160,000 | 857,000 | 34,000 | 87,000 | 113,000 | 1,251,000 | ||||||
US ending stock reported a total of 1,215,000 MT for October 2021 which is 2.8% higher than the ending stock of the previous month of September 2021. From that amount, soybean oil closing stock increased by 6.38% while palm oil and rapeseed oil closing stock decreased by 9.41% and 3.33% respectively when compared to the amount from the previous month. No changes were recorded by sunflower oil closing stock. US soybean oil ending stock has raised higher with reduced export, reflecting lower global imports and lower shipments through October 2021. Brazilian soybean prices are falling amidst a rapid planting season. The lower prices make Brazilian soybean crops increasingly more competitive compared to US soybean prices, which limit US prices and export volumes amid peak shipping season.
*Disclaimer: This document has been prepared based on information from sources believed to be reliable but we do not make any representations as to its accuracy. This document is for information only and opinion expressed may be subject to change without notice and we will not accept any responsibility and shall not be held responsible for any loss or damage arising from or in respect of any use or misuse or reliance on the contents. We reserve our right to delete or edit any information on this site at any time at our absolute discretion without giving any prior notice.
