• How much is palm kernel oil?
  • Palm Kernel Oil Monthly Price – US Dollars per Metric Ton. Range. 6m 1y 5y 10y 15y 20y 25y 30y. Jul 2020 – Nov 2020: 389.550 (56.96 %) Line Chart. Jul-2020 Aug-2020 Sep-2020 Oct-2020 Nov-2020 649.73 697.48 745.22 792.96 840.7 888.44 936.19 983.93 1.03K 1.08K 1.13K US Dollars per Metric Ton.
  • Will refinery sector Performance Accelerate in 3qfy23?
  • Refinery sectors performance would accelerate as GRMs for 3QFY23 are expected to clock in at ~US$24/bbl compared to ~US$20/bbl in 2QFY23. We attribute this to across the board incline in spreads on account of lower crude oil prices.
  • Are refineries poised to post profits amid elevated Grms?
  • Refineries are poised to post profits amid elevated GRMs. We expect monetary tightening in developed markets would cause economic slowdown causing demand destruction and pushing refined product prices lower. Resultantly, we expect GRMs would be driven back to lower LT average.