*Sh.Atul Chaturvedi say:
-India Soy Mustard stoks record high
-Nafed wud soon turn seller so India SoftOils supply wud soar
-India demand very poor so Price rise at risk
-PalmOil need to correct to regain demand in India
*Sh Sanjiv Asthana/Patanjali Food say:
-India demand very poor
-Trade long back sidelined in buy in falling prices
-Trade stoks declined/can chase buy when Prices goes up
*Sh Sudhakar say:
-Palm supply fundamentals supports price hike
-Soy/Sun need to gain on supply concerns
-SunOil price spike not surprising
*Sh Sandip Bhan/Sime Darby says:
-Malasia PalmOil supply very tight
-CPO stoks very tight 6-7 Lac Ton, Even short of Malasia Refiners need
-No stoks available even for India or others
-Near term prices shud not fell below today level
-KLC range 3800-4000 RM
*Sh Nirav Desai says:
-No Trade demand past many days
-Local Oils fully safe
-India overseas buy wud continue whether prices up/down $50
-SoyOil wud follow India buy
*Sh Pradip Chaudhry:Gemini says:
-Prices near 5yr low
-2024 Yrs supplies wud not elevate fast vs Last year
-Trade pipeline always dry in bearish price tone
-Trade wud chase buy as Overseas mkts has began to move up on supply concerns
*Overseas Refiner donot see any reason for Palm Oil to move higher
-Cbot/Argntna wud move down after settling supply short term issues
-Argntna SoyOil wud break $800 Ton
-RBD Olin shud trade $750/70
-SunOil can trade $1000 Ton
*Sh Vijay Data says:
-Nafed wud begin Mustard sale in July after buying 25-30 LT
-India Oilseeeds stoks big
-Mkt can stay or fell but No immediate reason for fresh Bull run