-CotRef cheapest VegOil in India
-CotRef dropped more vs LY againt all VegOils
-CotRef trades now Rs 15kg below LY/SoyRef Rs 18kg below LY/Olin quoted Rs 7kg below LY
-Cot/RBD/SoyRef equally adds Rs 4-5kg in Feb mth so CotRef run justified
Cotton Supplies to shrink coming mths
-Crop shorter to LY
-Oct/Jan arrivals 50 Lac Bales/50% higher to LY
-India Cotton cheaper to World Mkts so India wud Export more/leaving home less supply
-Oct/Jan CotWash Oil Prdn 1 LacTon less to LY so ready supply short
-CotOil may run high coming weeks