-Kandla RBD droped Rs 7kg-Kandla SoyRef eased Rs 9-Kakinada SunRef crash Rs 11-KolhuOil/RBO losses limited to Rs 2-3-CotRef last year crash Rs 7kg but chances to drop in May 24 very low on supply crisis-demand drops in May so All Oils set to drop
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May mth VegOils prices depend on supply Factors:
-Malasia May Prdn growth-Brzl Soy crop losses on Floods-Argntna harvest pace-USA weather Ideal/dry for Soy sowing-Nafed Mustard buy pace-India Monsoon prediction-May India Pre/Monsoon rains, easing Fields dryness-GeoPolitical conditions
US:Plenty+Cheaper GasOil denting BioDiesel demand/Proved-
-Sep/March BioDiesl prdn stable at 26 LacTon-Advanced BioDiesel demand elevating so Prdn advanced 50% vs LY to 45 LT-USA UsedCookingOils higher Import kills SoyOil usage growth in BioDiesel-UCO Imports Sep/March 250% of LY 4.20 LT
Malaysia shortage/lower India Ports stocks helped Mkts to breathe in April
-VegOils crashed in April 2023-April 2024 losses limited to Rs 4/6kg-Indian LocalOils played very safe in April-Nafed big bug limits Mandi arrivals so KolhuOil lost Rs 5 vs LY Rs 15kg-Cot/RBO supply short so No drop
Cbot SoyOil big 12% 566pts $125 Ton crash in April forced all VegOils to move down
-Cbot big drop driven by lower domestic SoyOil demand, easing Cash Values-USA home SoyOil supplies very tight/so Exports remains silent-USA BioDiesel demand growing so forced to Import alternates of SoyOil
JAI HIND!! JAI BHARAT!!
6-5-2024
KLC MAY TRADE UPWARD AHEAD OF MPOB REPORT
केंद्र सरकार की सख्ती से दलहन की कीमतों पर दबाव, आयातित अरहर एवं उड़द मंदी नई दिल्ली। बढ़ी हुई कीमतों में दाल मिलों की खरीद घटने से घरेलू बाजार में शनिवार को आयातित अरहर एवं उड़द की कीमतों में गिरावट आई, जबकि इस दौरान मूंग तथा देसी मसूर दाम तेज हो गए। चना की कीमतें …
Coconut oil/Kangayam closing market: 0.3%Ffa-White:-2070/tin+tax 0.5%Ffa-2000/tin+tax1.0%Ffa-1960/tin+tax Refined Coconut oilSolvent:——————-Expeller:134/kg +tax Roasted-0.5%:2160/tin+tax.
BL AGRO BAREILLY/4 May-
Bk Mustard:-Bottle 113-15 lt jar 1610SunFlower:-1 lt pouch 94-1 lt bottle 100-15 lt jar 1440-15 kg jar 1565CALL 8937001002