*Forex Dealers see USDX in strengthening Cycle so pressure in Asia*Thailand on high alert for strong Storms*China Agro Outluk Committee foresee SoyMeal lower demand to push down Soybean Import needs
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*मलसिया में पाम आयल फंड्स की जल्द ही स्टॉक 20 लाख टन होता दिख रहा है, इसका klc पर दवाब रहेगा। *अर्जेटिना में बारीष रुकने और मौसम ठंडा होने से सोय्या फ़सल की कटाई की रफ्तार तेज होगी।
*Weather Experts see:LaNina to field above normal rains, specially in Asia/SouthEast Asia region *मौसम एक्सपर्ट्स ने कहा है कि ला नीना एशिया और साउथ ईस्ट एशिया में नार्मल से ज्यादा बारीष के हालात बनाएगा।
*Malasia PalmOil Funds see PalmOil stoks to build 20 Lac Ton very soon:enough to push pressure on KLC*Argntna break in Rains/drop in Temperature to help in finishing Argntna Soy crop harvest
Canada Spring season crops sowing very slower-6% vs 23% of 5yr average-low sowing pace confirms North America Critical weather
Malaysia : Stearin offers sustain premium pricing over olein
Stearin stocks fall to the lowest in 3 monthsRBD palm olein offers stayed below stearin for 10 successive days ending Fri 10 May. Olein offers were below stearin by $25.50 week-on-week average widening from $15 in the week prior. Stearin offers averaged $884.50 per tonne while one was $859 per tonne. Palm olein generally trades …
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CPKO/CoconutOil Update-
Malaysia CPKO: Offers see marginal rebound tracking CPODomestic CPKO offers in Malaysia inched up marginally in the week ending May 10, tracking a similar movement in cash CPO prices. Weekly average offers rose by 1.60 ringgit to 294.80 per picul, with levels ranging between 292-298 ringgit per picul, peaking at midweek before softening slightly at …
IMD Update–Heat wave in Northwest from 16 May-Rains in SouthIndia 17 May-Monsoon active likly 19 May-Monsoon may hit Andaman 19 May-Pre-Monsoon showers active/in progress-Hails, High winds symptom of Monsoon
India Jan/March 4 LacTon SoyOil import shortage unlikly to makeup in April/June-Jan/March Import 4 LT short to LY 9.87 LT-April June Import likly 11.40 LacTons/same as LY-May June Import likly to sum 7.65 LacTons/same at LastYear 7.55 LacTons-Brazil Shipment only 25% of Argnnta 6.80 LacTon
VegOil Futures moving higher:-Rally triggered by Cbot on likly 15% add in US UCO ImportDuty-KLC follows Cbot/thou May Prdn tuned higher