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ARGENTINA Dynamics:-Argntna Soy supplies now elevating/crush wud expand so SoyOil supplies to zoom-June July shipments finish $50 Ton drop in April mth-June July discounts to Cbot too widens to $155 Ton-Brzl quotes equals Argntna on larger surplus supplies available for Exports in forward

KLC extends recovery 2nd day-spot mth KLC Premium still close to 130 RM, same as March end-defered mth discount to 3rd mth March end reported 87 RM vs today mid session 36 RM-defered mth KLc trades 215 RM below spot mth March end-today discount 170 RM:sign of Malasia Prdn recovery

Ginners reluctant to sell at low prices as cotton arrivals slow down

Trade sees prices stabilising at current levels Compared to the last month, the market arrivals have almost halved and slipped below 50,000 bales (170 kg each) on a daily basis As the daily market arrivals of cotton have slowed down amidst a subdued price trend, ginners are seen reluctant to sell their produce at lower …

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Indon Biodiesel Success Haunted By Several Challenges

JAKARTA – The production of biodiesel in Indonesia is seen successful in creating economic benefits, especially in saving foreign exchange and preserving environment through the reduction of carbon emissions. The ministry of energy and mineral resources (MEMR) reported that in 2023 alone the production and consumption of biodiesel managed to save foreign exchange at a …

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Palm Industry Players Worried Over Supply Growth

KUALA LUMPUR – Palm oil industry players raised their concerns over the limited supply growth from both Indonesia and Malaysia, which could drive the crude palm oil (CPO) prices higher moving forward, said Public Investment Bank Bhd. The research house said in a note on Thursday (07/03/2024) that during the Palm and Lauric Oils Conference 2024 (POC2024) recently, the majority …

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China soybean imports from US halve in March as Brazil gain pace

China’s soybean imports from the United States fell by half in March from a year earlier and corn exports also plummeted, as buyers favour more competitive supplies from Brazil’s hefty harvest, data showed on Saturday. U.S. suppliers face stiff competition for global export sales from South America, which have reported plentiful harvests and offer more competitive …

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Russian missiles destroy grain storage facilities in Odesa region, Ukraine says

Russian missiles hit the port of Pivdennyi in Ukraine’s southern Odesa region on Friday, destroying grain storage facilities and foodstuffs they contained, President Volodymyr Zelenskiy and other officials said. “… they hit the Sea Port Pivdennyi. Several missiles struck port facilities, not only Ukrainian, but Singapore’s as well,” Zelenskiy said in a virtual address to …

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