However, should the analysis relating to the oil in any tank/s fall outside the contract specifications - (a) as to palm oil/olein/stearin and/or palm kernel oil/olein/stearin by no more than one unit in respect of iodine value; (b) as to palm acid oil/fatty acid distillate and/or palm kernel acid oil/fatty acid distillate by no more than 2% in You will be-redirected to Help Desk, are you sure you want to leave this page? Palm kernel oil, which is semi-solid at room temperature, is more saturated than palm oil and comparable to coconut oil. The use of Malaysian Standards is voluntary except in so far as they are made mandatory by regulatory authorities by means of regulations, local by-laws or any other similar ways. Basis 5.5% at time of arrival with 1:1 reciprocal allowance . You will need to install the RSS plugin to subscribe to the RSS Feeds. Contract Code FPKO; Underlying Instrument: Crude Palm Kernel Oil: Contract Size: 25 metric tons: Minimum Price Fluctuation: RM1 per metric ton: Daily Price Limits: RM100 per metric ton above or below the preceding day's Settlement Prices for all months, except spot month. Colour range 4 Red – 8 Red & 60 Yellow Max. REFINED BLEACHED & DEODORISED PALM OIL (RBDPO) 7. Copyright © 2020 Bursa Malaysia Berhad 197601004668 (30632-P). 2) http://www.poram.org.my. voyage. You will be-redirected to LFX Listing Sponsor, are you sure you want to leave this page? You will be-redirected to Bursa Marketplace, are you sure you want to leave this page? MS 80:2011 Palm Kernel Oil – Specification Change ), You are commenting using your Facebook account. 1,000 contracts on any single month except for the spot month. Colour range 4 Red - 8 Red & 60 Yellow Max. M & I. MEOMA or (Malaysia Edible Oil Manufacturers’ Association) was established in 1961 and represents about 80% of edible oil manufacturers in Malaysia. COMPOSITION CHARACTERISTICS. Crude palm oil and crude palm kernel oil quality is generally determined by trading specification as specified by Bursa Malaysia Derivatives (BMD) FCPO (Crude Palm Oil Futures) and FPKO (Crude Palm Kernel Futures) contracts. They play a prominent role for the palm kernel crushers representing their interest in the industry. Being a trade association, PORAM is a voluntary, non-profit organization. Iodine value at range 16.5 – 18.75. PORAM established the quality specifications for refined palm oil products, and these formed the normal specifications for refined oil trade based on the Federation of Oils, Seeds and Feeds Association (FOSFA) Free On Board (FOB) contract for bulk oils. Daily price limits will remain at RM200, when the preceding day's settlement prices of all the three quoted months immediately following the spot month settle at limits of RM200. Crude palm oil and crude palm kernel oil quality is generally determined by trading specification as specified by Bursa Malaysia Derivatives (BMD) FCPO (Crude Palm Oil Futures) and FPKO (Crude Palm Kernel Futures) contracts. Palm kernel oil is an edible plant oil derived from the kernel of the oil palm Elaeis guineensis. 2 /kg max 2 packing 1.0(arrival)* 1.0(packing) * Subject to control of packing material and . First Business Day to the 20th Business Day of the delivery month, or if the 20th is a non-market day, the preceding Business Day. ( Log Out / Palm kernel oil forms a eutectic with palm oil in a mixture containing about 30% palm kernel oil. Basis 5% at time of arrival with 1:1 reciprocal allowance. Identity Characteristics of Palm Olein as per MS816, Identity Characteristics of Palm Stearin as per MS815, Identity Characteristics of Superolein as per MS1762. Company profile for Palm Kernel Oil (KPX19) including business summary, key statistics, ratios, sector. Color (5 1/4" Lovibond) R: 3.4-4.5 PALMATA® PALM OIL SPECIFICATIONS Palmitic Max Lauric Max >> Moisture & Impurities (M&I) 0.5% Max >> Moisture & Impurities (M&I) 0.5% Max >> Iodine Value (IV) 19 Max 2. The 1st Business Day of the delivery month to the Business Day immediately preceding the last day of trading, if the tender is made on the last trading day or thereafter. Subscribe to our RSS feeds and get the latest Bursa Malaysia news delivered directly to your desktop. Crude Palm Kernel Oil (CPKO) of good merchantable quality and stored at a Port Tank Installations located at the option of the seller at Port Kelang, Penang/Butterworth and Pasir Gudang (Johor). O. Cmax 24 24 Colour(Lovibond 5. stearin and kernel olein. 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Change ), Palm Oil Commercial Specification and Quality, Quality and Identity Characteristics of Palm Oil – Part 1 – Quality Characteristics, Follow Oil Palm Knowledge Base on WordPress.com. Crude Palm Kernel Oil - CPKO. Crude Palm Kernel Oil Futures (FPKO) Contract Specifications. These normal specifications are generally referred to as the PORAM specifications, which are accepted for international trading of refined palm oil products in bulk. Limits are expanded when the Settlement Prices of all three quoted months immediately following the current month, in any day, are at limits as follows: Spot and the next five succeeding months, and thereafter, alternate months up to 12 months ahead. ( Log Out / 1) Vegetable Oil in Food Technology, Blackwell Publishing, 2002 Reference: IV: 16-19. All rights reserved. 25 metric tons, plus or minus not more than 2%.Settlement of weight differences shall be based on the simple average of the daily Settlement Prices of the delivery month from: Maximum number of net long or net short positions to be held: The 1st Business Day of the delivery month to the day of tender, if the tender is made before the last trading day of the delivery month; or. C medium high 4 BaP levels may be found in crude palm kernel oil due to bad drying practices. Crude Palm Oil (CPO) of good merchantable quality, in bulk, unbleached, in Port Tank Installations approved by the Exchange located at the option of the seller at Port Kelang, Penang/Butterworth and Pasir Gudang (Johor). Crude palm oil and crude palm kernel oil are traded on the Kuala Lumpur Commodity Exchange. Palm Kernel Oil Specifications: FFA (%) Max: 2.5. Free Fatty Acids (FFA) content (as Lauric Acid of CPKO) delivered into Port Tank Installations shall not exceed 3.75% and out of Port Tank Installations shall not exceed 4%. kernel olein as per MS 80, MS 1436 and MS 1437, Identity characteristics of hydrogenated kernel oil, kernel Click on the orange RSS button to go to the Subscribe page. JGQPalm Olein Palm Olein(PORAM) FFA (palmitic) % max 0.05 0.10 M & I % max 0.05 0.10 IV (Wijs) min 56 56 SMP . Moisture and impurities shall not exceed 0.5%. MS 814:2007 Palm Oil – Specification Its production is forwarded to processing facilities. Quality Specification of CPO as per MS814, Identity Characteristics of CPO as per MS814, Quality Specification of CPKO and RBDPKO as per MEOMA, Identity Characteristics of Crude Palm Kernel Oil as per MS80, Quality Specification of CPK Olein and CPK Stearin as per MEOMA, Trading specifications for processed palm and palm kernel oil are specified by PORAM (Palm Oil Refiners Association of Malaysia) and MEOMA (Malaysia Edible Oil Manufacturers’ Association), The Palm Oil Refiners Association of Malaysia (PORAM) was formed in 1975 primarily to present a representative voice to the Government and the trade in all matters related to the palm oil industry.