What is the price of oil cake (press cake) per kilogram/pound in Malaysia today?
The retail price range for Malaysia oil cake (press cake) is between US$ 2.43 and US$ 3.40 per kilogram or between US$ 1.10 and US$ 1.54 per pound(lb). Click here to see today's exact prices of oil cake (press cake) in Malaysia
The retail price range in Malaysian Ringgit for oil cake (press cake) is between MYR 11.01 and MYR 15.41 per kilogram or between MYR 4.99 and MYR 6.99 per pound(lb) in Kuala Lumpur and George Town.
Wholesale prices
In 2024, the approximate wholesale price range for Malaysia oil cake (press cake) is between US$ 1.70 and US$ 2.38 per kilogram or between US$ 0.77 and US$ 1.08 per pound(lb).
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Malaysia Oil Cake (press Cake) Export Prices - Historical, Trends and Prediction
In the years 2015, 2016, 2017, 2018 and 2019, the export prices of Oil cake (Press cake) from Malaysia per Kg were US$ 3.24, US$ 2.78, US$ 3.04, US$ 2.36 and US$ 3.73 respectively. For the year 2021, the export price was US$ 4.15 per Kg. For the year 2023, the predicted export price is US$ 4.45 per Kg.Malaysia Oil Cake (press Cake) Import Prices - Historical, Trends and Prediction
The import price of Oil cake (Press cake) into Malaysia has been fluctuating over the past five years. In 2017, the price was 0.13 US$ per kg, which was the highest in the five year period. This was followed by a decrease in 2018 to 0.11 US$ per kg. In 2019, the price increased to 0.13 US$ per kg and then further increased to 0.15 US$ per kg in 2020. The highest price in the five year period was recorded in 2021, at 0.18 US$ per kg. Based on the trend, it is predicted that the import price of Oil cake (Press cake) into Malaysia will be 0.20 US$ per kg in 2023 and 0.22 US$ per kg in 2024.Export values for Malaysia oil cake (press cake)
The total values in export for oil cake (press cake) in Malaysia were US$ 228,357, US$ 238,363, US$ 294,293 and US$ 262,340 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Malaysia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of oil cake (press cake) in other countries across Asia: Kazakhstan oil cake (press cake), Kyrgyzstan oil cake (press cake), Tajikistan oil cake (press cake), Turkmenistan oil cake (press cake), Uzbekistan oil cake (press cake), China oil cake (press cake), Hong Kong oil cake (press cake), Macao oil cake (press cake), North Korea oil cake (press cake) & Mongolia oil cake (press cake).
Malaysia oil cake (press cake) - Production, Exports, Imports, Seasons and HS Codes
The volume of oil cake (press cake) shipped by Malaysia in 2020 was 2,600,016 metric tons. In 2019 Malaysia exported 2,531,829 tonnes of oil cake (press cake). In 2019 alone, the demand for Malaysia oil cake (press cake) (processed category) has climbed, flactuating by 3.762 % compared to the year 2018. Between 2017 and 2019, oil cake (press cake)'s exports increased by 10.15 pc earning the nation US$262.34m for the year 2019. Malaysia's oil cake (press cake) exports are categorised as:
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 230641)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil (HS code 230400)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of high erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g" (HS code 230649)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of rape or colza seeds (HS code 230640)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of sunflower seeds (HS code 230630)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils from maize "corn" germ (HS code 230670)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of cotton seeds (HS code 230610)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra (HS code 230650)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of groundnut oil (HS code 230500)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels (HS code 230660)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of linseed (HS code 230620)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils (excluding of cotton seeds, linseed, sunflower seeds, rape or colza seeds, coconut or copra, palm nuts or kernels, or from the extraction of soya-bean oil or groundnut oil) (HS code 230690)
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Malaysia oil cake (press cake) export values
In 2019, Malaysia sold oil cake (press cake) valued at 262.34m USD, a contraction of -10.86% from 2018's total oil cake (press cake) export of 294.293m USD. The yearly reduction in value of Malaysia oil cake (press cake) between 2017 to 2018 was 23.464 percent.
The annual change in the volume of Malaysia's oil cake (press cake) exports between 2017 and 2019 was 10.15 per cent compared to a variation of 3.762% in the period between 2018 and 2019.
Export markets for Malaysia oil cake (press cake) ( in '000$ )
Malaysia imported 1,439,349 tonnes of oil cake (press cake) in 2019.