अर्जेटिना ने कल सीबोट की तेजी का मिक्स्ड रिस्पांस दिया है । पास के महीनों में सीबोट कई तेज़ी का असर रहा मगर दूर के महीने की शिपमेन्ट को अमेरिका की नई क्रॉप से competition मिलने से सावधानी बरती।ब्राज़ील की सप्लाई शार्ट है, इस कारण सीबोट को फॉलो किया ।अर्जेटिना ब्राज़ील दोनों को तेल बेचना …
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CNF INDIA:ADMWCI CPOJuly 935$Aug 930JAS 930OND 945ECI -5 OLAMCPOWCJuly 930Aug 932.50Sep 932.50JAS 930OND 942.50OLNJune 900July 900JAS 900EC -5-SAVERAA
KLC PALMOIL OPENS HIGHER BY 77 PAISE KG ON CBOT/CHINA SUPPORT
8:01#KLC+43(AUG3847)ECBOT:SOYOIL+0.02(44.54)ML+3.7(371.4)SD+10.0(1226)CHINA:SOYOIL+52,ML+10,SD+14,RBD+38ARGN FOB:SOYOIL:J904$+15$SFOIL:M900$+0SOYML:JY421$-1
*CBOT SOYOIL July Share:37.66% V 36.91%*SPREADS:BOPOJuly SoyOil vs Palm 145$ V 143Dec 161 V 159POGO-Jun Palm vs GasOil 72$ V 74July 66 V 68
*OPEC meeting due 1 June/likly to continue for Prdn cuts*RaboBank report:US Wheat/corn/Soybean total acreage to remain below 1800 LacAcres as lower prices denting Farmers Interest to hike sowing
KolhuOil remains shining Star of VegOils complex-adds Rs 9kg in May-Other Oils cools/No add
*US SoyMeal trades at Premium*Canada sowing Half of Field Pea/Lentils sowed/close to 5yr average 54%*WTI Petro recovers 122pts in 3days/can form bullish double pattern if advances to $79.96
India Dams Water Level plunges to 25% of capacity-drops for 32nd week in Row as another Dam runs dry
US BioFuel plants defends China UCO Oils Imports-say China has 126 Lacs Restra/US only 7 Lacs-so China holds plenty of UCO at cheaper Prices-cheaper Raw Materials needed to meet rising BioFuels demand-Urges Govt to continue with China UCO Imports to lessen burden on US food crops
South Brazil Historical Floods effect on Agriculture to last long-soaked Soils wud make harder for farmers to even sow new season crops-Rio Grande Farmers wud be compelled to leave Traditional Crops