7:02#CBOT:SOYOIL+0.43+0.43+0.42MEAL+4.7+4.6+3.7SEED+11.5+10.8+10.3GLD:72300/72440SLR:94255/96061CHINA:SOYOIL+54,ML+10,SD+7,RBD+106INR 83.32 BRENT 82.09
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U.S. SOYBEAN COMPLEX EXPORT SALE
Soybeans: Net sales of 329,400 MT for 2023/2024 were up 18 percent from the previous week, but down 5 percent from the prior 4-week average. Increases primarily for unknown destinations (147,800 MT), China (71,100 MT, including 68,000 MT switched from unknown destinations and decreases of 200 MT), Indonesia (46,400 MT, including decreases of 100 MT), …
The Indian economy grew at 7.8% in Q1 of 2024, defying expectations of 6.7%.
NDTV Election Analysis
Owned by Gautam Adani, known for Bias to PM Modi*1st Option:-if BJP wins stronger Majority than 2019, equity Mkts wud rally, anticipating Growth supportive Policies-NSE/S&P Index cud rally 4-5%-Rupee cud firm to 82.80-Modi/BJP return means more stable Govt *2nd Option:-If BJP/Allies wins fewer Seats than 2019 Elections, still above 272 Seats-Markets may see some Volatility …
YEAR FULL OF EVENTS:
SUGAR SUMMIT:5-6 JULY/KHANDALACOTTONSEED-OIL-MEAL CONCLAVE:12-13 JULY/AHMEDABADIVPA EDIBLE OILS CONFERENCE:18-19 JULY/DELHIAFRO WORLD AGRI FOOD:29-31 JULY/TANZANIAGLOBOIL INDIA:18-20 SEP/MUMBAISOPA SOY CONCLAVE:13-14 OCT/INDOREIOPEPC OILSEED CONFERENCE:25-27 OCT/GOA
KLC post 265 Ringit rally in May mth-May higher Exports push Funds to extend rally
Brazil Soybean Export Values continues to soar-Brzl Soy crushers short of July Aug supplies on Farmers slow selling-Soy supplies in Brzl key areas running low-Brazil Soybean CFR to China bounced over-night
Malaysia PalmOil Fob Prices @ Close
Market CloseBmd : Aug 4079 (+86)H 4087 / L 3968Vol : 90,558 OlnJul 905 vsJas 905 vs 897.5Ond 905 vs 897.5Jfm 917.5 vs 910Amj 925 vs Rbdpo: -5 Strn: Jun 907.5 (deld)Pfad: Jun 840 (deld) Local Cpo: Jun 4100 Laurics: Jun 294 (pk) / 294 (pg)Rbdpko: Jun 1180Rbdpkoln: Jun 1110Rbdpks : Jun 1320 Sbo :Jul …
Malaysia May 1-31 2024 vs. Apr 1-30 2024 palm oil export (in mt)
ITS: 1,481,916 vs 1,213,525 (+268,391 or up 22.12%Amspec: 1,404,719 vs 1,144,100 (+260,619 or up 22.78%)SGS: 1,161,370 vs 1,045,679 (+115,691 or up 11.06%)
FOREX@330
INR CLS 83.46(+0.15)O/H/L:83.25/83.47/83.24EUR 1.08468/90.613POUND 1.27252/106.238IDR 16257RINGIT 4.7070JPY 157.323CHF 0.90599AUD 0.66477CNY 7.2416m Premia 1.3131 %Gold 2342.79Silver 31.252BRENT CRUDE 81.53DOLLEX 104.6918SENSEX 73961+75