Market CloseBmd : Jul 3830 (-39)H 3889 / L 3820Vol : 48,976 OlnMay 855 vsJun 850 vsJas 845 vs 840Ond 850 vs 845Jfm 865 vs 857.5 Rbdpo: -5 Strn: Jun 877.5 (deld)Pfad: Jun 797.5 (deld) Local Cpo: May 3930 Laurics: May 293 (pk) / 294 (pg)Rbdpko: May 1160Rbdpkoln: May 1100Rbdpks : May 1290 Sbo :May …
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FOREX@330
INR CLS 83.50(-0.01)O/H/L:83.48/83.51/83.44EUR 1.0733/89.6880POUND 1.2486/104.298IDR 16073SGD 1.3565MYR 4.7408JPY 155.93CHF 0.9094AUD 0.6575CNY 7.22566m Premia 1.3905 %Gold 2308.32Silver 27.593BSE 72407(-1058.61)PETRO 79.50+0.51BRENT CRUDE 84.01DOLLEX 105.6615
INR CLS 83.50(-0.01)O/H/L:83.48/83.51/83.44
KLC CLOSE -39 RM
3:32#KLC(CLS)-57(M3900)-36(J3858)-39(JULY3830)-33(A3827)JULY:O/H/L:3868/3889/3820,25888 LOtECBOT:SOYOIL-0.08,ML+2.1,SD+5.0RM 4.738 BR 84
Sh Nagraj see Argntna April/Sep mths Soy crush average 45 LacTons-Very tough for Argntna to create SoyOil demand for mth Prdn crossing 7 LacTons all nxt 6 mths-feel Argntna SoyOil to break $800 Fob by June on excess supplies/India Cif at risk to drop close to $875
Sh Nagraj Meda/TransGraph too Bearish in Palm Futures–Alone to Brush KLC bearish in Teflas Dubai GlobOil Event-predicts KLC to drop 3300/3200 Ringit in July Aug-see May stoks 19 LT-June stoks 17.70 LT-Sep stoks to surge back close to 20 LacTon-Advise to sell in every spike
Brazil Soyoil $50 ton hotter in May despite very poor exports–Jan/April Exports 4yrs low-sharp more than Half drop to LY ever high 8.67 LT-Export surplus shrinks on higher BioDiesel usage but prdn drop on crop loss-Jan/April shipments to India 2.43 LacTons/3yrs low-Half of 2yrs ago 4.90 LT
India May mth movement :-Soy HighSeas Kandla adds Rs 1kg but Plants Ref adds 50Paise-CPO HighSeas:No add in May/Plants RBD too Cools-KolhuOil holds Rs 100kg level on lower Mills Crush-SunOil Fob/Kandla Cif/Plant SunRef No addition:Cools with rival Oils-CPO HighSeas trades Rs 6kg over Soy
China reports April Soybean Imports 85.70 LacTon-18% more vs Last year-cites reason for Import jump on Brzl lower prices-Meal demand rose on higher margins of Hog farmers-May arrivals likly 110 LT but June Imports wud drop because Plants slows fresh buy on surge in overseas Export Prices
MARICO increased Copra purchase price-08-05-24 – Rs 98 ( from previous 96)09-05-24 – Rs 99 ( from 98)