*VegOils highly Volatile past 18mth on Weather/Geo-Politics
*Indonesia PalmOil Export surplus shrinking on higher use in Food/Energy
*Sh Pradip Chaudhry say:
-VegOils now at 5yr low/No big addition likly in 2024 Yr supplies
-No reason for Prices to drift lower now
*Sandip Bhan briefs:
-Palmoil to trade now on own Fundamentals
-Malasia CPO supply very short
-CPO shortage to keep KLC firm
-KLC to trade 3800/4000 RM near term
-CPO discount to Soy maximum $50
*Sh Sudhakar Desai says:
-SoyOil has reasons to gain more
-Palm Fundamentals donot allows big drop
*Vipin Gupta say:
-No big price crash Now
-CPO supply short so unlikly to drop
-Soy India to trade $850/900
*PR Thakore/IFFCO:
-Palm prdn growth stagnant
-Palm has no reason to trade below SoftOils near term
-Indonesia Palm Refining Capacity much extra to CPO prdn so Refiners always chase CPO