What is the price of oil cake (press cake) per kilogram/pound in Singapore today?
The retail price range for Singapore oil cake (press cake) is between US$ 8.41 and US$ 14.82 per kilogram or between US$ 3.81 and US$ 6.72 per pound(lb). Click here to see today's exact prices of oil cake (press cake) in Singapore
The retail price range in Singapore Dollar for oil cake (press cake) is between SGD 11.31 and SGD 19.93 per kilogram or between SGD 5.13 and SGD 9.04 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore oil cake (press cake) is between US$ 5.89 and US$ 10.37 per kilogram or between US$ 2.67 and US$ 4.70 per pound(lb).
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Singapore Oil Cake (press Cake) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oil cake (Press cake) from Singapore has seen a steady increase over the last five years. In 2016, the export price was 0.38 US $ per kg, and in 2021 it was 0.7 US $ per kg. This represents an increase of 83.2%. The highest export price was in 2018, when it was 1.4 US $ per kg. The lowest export price was in 2017, when it was 0.2 US $ per kg. Based on this data, it is likely that the export price of Oil cake (Press cake) from Singapore will continue to increase in the coming years, with an estimated price of 0.72 US $ per kg in 2023 and 0.74 US $ per kg in 2024.Singapore Oil Cake (press Cake) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oil cake (Press cake) into Singapore has seen a significant fluctuation over the past five years. In 2017, the price was at its lowest at 0.20 US $ per kg, before rising to 1.40 US $ per kg in 2018. This was followed by a slight decrease in 2019 and 2020, with the price settling at 0.90 US $ per kg and 0.70 US $ per kg respectively. Looking ahead, it is likely that the import price per kilogram of Oil cake (Press cake) into Singapore will remain relatively stable in the next two years. We predict that the price will be 0.65 US $ per kg in 2023 and 0.60 US $ per kg in 2024.Export values for Singapore oil cake (press cake)
The total values in export for oil cake (press cake) in Singapore were US$ 1,791, US$ 658, US$ 844 and US$ 697 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Singapore: 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).
Singapore oil cake (press cake) - Production, Exports, Imports, Seasons and HS Codes
The amount of oil cake (press cake) exported by Singapore in 2020 was 1,908 tons. In 2019 Singapore exported 692 tonnes of oil cake (press cake). For the year 2019 alone, the interest in Singapore oil cake (press cake) (processed category) has gone up, recording a change of 14.38 percent compared to the year 2018. Between 2017 and 2019, oil cake (press cake)'s exports reduced by -78.48 pc netting the exporter US$0.70m for the year 2019. Singapore'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 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 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 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 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)
- 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 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)
- 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 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 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)
- 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)
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Singapore oil cake (press cake) export values
In 2019, Singapore sold oil cake (press cake) with a value of 0.70m USD, a contraction of -17.06% from 2018's total oil cake (press cake) export of 0.844m USD. The yearly change in value of Singapore oil cake (press cake) between 2017 to 2018 was 28.267 pc.
The annual variation in the volume of Singapore's oil cake (press cake) exports between 2017 and 2019 was -78.48% when compared to a variation of 14.38% in the growth rate between 2018 and 2019.
Export markets for Singapore oil cake (press cake) ( in '000$ )
Singapore procured 19,920 tonnes of oil cake (press cake) in 2019.