CastorOil NonEdible, Industrial use Oil-still CastorOil $275 Ton costly in Export than GN Oil-Trades $200 Ton below to RBO
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Special:Argentina April shipment to India-
*Argntna April SoyOil shipment 2024 year high-1.60 LacTon extra to March 3.12 LT-Shipments to India 2.93 LacTon too 45% 90000 Ton higher than March 2.03 LacTon-8 Vessels at Ports to load 1.98 LacTon Cargo for India*April SunOil shipment 68000 Ton-To India 48000 Ton/41000 Ton waits loading
*Sun/SoyOil spread fades:BlackSea SunOil/Argntna SoyOil quoted now at par*Malasia PalmOlin June July now trades equal to Argntna SoyOil*Indore SoyRef in April always trades over Kandla Ref*Brazil SoyOil completes $100 Ton 10% drop in April
SouthAmerica SoyOil below $800 to become reality soon, decline delayed by 6 weeks-Brzl SoyOil June offered $815:more pressure on way-Brzl SoyOil quotes much cheaper to Argntna/nearby shipment offers $29 discount-Argntna Brzl SoyOil post crash in forward months, follows Cbot sharp drop
India HPS GN in high demand-Exports growing but India Income Revenue continues to drop-Feb Fob Value $180 Ton less to LY March $1385
India ships 7.24 LT DORB+Soy+Rape+CastorMeal in Jan Feb-Bangladesh Tops 115633 Ton-Korea 2nd/55104 Ton-Thailand only buys Rapemeal/Jan Feb buy 97743 Ton
India Jan/Feb 87-98% PalmOil Import dispatched by Indonesia Malasia-Indonesia leads in CPO 45%, 93% RBD Imports-Malasia Olin shipments mere 5.47% of India Imports*India SoyOil Imports:70% dispatched by Brazil Argntna*India SunOil Import:now Ukraine share shrinks to 9.78% vs 77% in 2021 Yr
INDORE SOYA REF RTSVIPPY/D.J./ABIS 900 AVI 902 MAHESH 904 PRAKASH/LAXMI/SNEHIL/MADHURI 905NEEMUCH DHANUKA 890NEEMUCH PROTEINS 895NEEMUCH DHIRENDRA 897NEEMUCH MS 900PACHOR DJ 905
AGRA MUSTARD/CAKE-
Seed Sharda 5550 BP 5575 Saloni 5755Cake BP 2840/50 Sharda 2771/81 Saloni 2721/31 Sonali 2711/21 Swastik 2731 Rani 2701
SOYOIL Premium:June-520 BONJuly-540 BON