Crude Palm Kernel Oil CFR Houston nudged higher in early March as market forces continued to tug in opposing directions: elevated import-driven inventories increased spot availability while duty-driven cost pressures and steady downstream demand kept underlying support intact. Early February saw prices firming, mid-February held largely steady, and late February experienced a softening after a large import discharge expanded stocks. That mix left the market sensitive to short-term flows, with traders balancing surplus Palm Kernel Oil spot offers against a steady lauric-pool demand profile and looming cost considerations heading into the first full week of March.
Demand from the lauric pool and downstream oleochemicals remained steady, underpinning technical buying even as offers softened from the spot market. According to ChemAnalyst data, Crude Palm Kernel Oil CFR Houston stood at $*,***.**/MT for February ****, up from a previous reference of $*,***.**/MT, reflecting a firmer monthly...
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