Pakistan very small in Population than India-Trade PalmOil stok 3.17 LT enough to keep Prices in check
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Thailand continues to prefer India NonGM RapeMeal-Jan/March Import 1.21 LacTon-March mth Import 74022 Ton much higher to Jan Feb mths-2024 Yr Import may not match Last Year 5.13 LacTons-Thailand very shy of GM Meal Imports so Imports from UAE very small comparative to India NonGM Origin
India Mustard Meal Exports in poor shape-
-Custom Reports Jan/Feb Export 2.06 LT/1.12 LT short to Last Year-Korea big shock:Jan Feb Export hardly 10% of Last year 99548 Ton-April shipments limits to 1 LT/78000 Ton in 2 Vessels-May 1 Vessel buked 45000 Ton/Containers load to limit 20000 Ton
Special Report: India Trade Highlights-
*No Jan Feb SoyOil Import from Thailand/LY 17000 Ton*No India Wheat Export in Jan/Feb, except Nepal 67000 Ton*India Jan Feb HPS GN Exports 30% more vs LY to 1.34 LacTon*Jan/Feb SoyMeal Exports 4.66 LacTon vs LY 4.30 LT*Seasum Exports elevates 15000 Ton to 39266 Ton
Cotton season arrivals reported 20% more to LY 235 LacBales-North India 45.50 LB-Gujrat 73.32 LB-Maha beats Gujrat:91.56 LB
*Malaysia Plantation Min admits: If RSPO not implemented fully, Palm shipments to Europe wud see more trouble coming Yrs*Advanced BioFuels for Aviation in high demand
Bharatpur mandi MUSTARD local bhav 4980
INDORE SOYA REF RTSAVI/VIPPY/LAXMI/MAHESH/D.J./SNEHIL/ABIS 905NEEMUCH DHANUKA 895NEEMUCH MS/DHIRENDRA /PROTEINS 900PACHOR DJ 910
Thailand seasonal PalmOil Prdn begins to elevate so shipments too revives:-Past record shows March Ist mth of seasonal Prdn growth-Domestic usage limits March CPO Exports to 70772 Ton-March 24 CPO export 1/3 of Last year 2.14 LT/lowest March mth Export of 3yrs-99% shipment to India
AGRA MUSTARD SALONI 5780 BP 5600