Author Archives: 919810285269

Funds adjust positions ahead USDA report/see US Soy stoks higher vs March report so losses deepens in session-Meal Funds too worried of demand to slow on cheaper South America supplies-SoyOil pares mid day losses on fresh run in Petro on supply concern-Dollar Index revisit 105 after 5mths

*WTO predicts World 2024 Year Trade to grow 2.60%*Wall Street ends lower US Inflation surge more than expect dims Fed early Rate cut-high Inflation means Share Mkts to face critical test

*Israel wud let 1.50 Lac Forces man to return from Gaza to pave way CeaseFire*USDA signals to discontinue many Crops survey Report/leaving in dark Farmers stoks assesment:needed for nxt crop sowings

*India SunOil Import wud slow now on lower SunSeed stok in BlackSea region*Ukraine Sun Sowing area to stay at LY

US Scientists say:-Soy crop sowing by 1st week May gives higher yields-Last year US farmers finish 83% Soy sowing by May end-US crops sowing:Ist Report 15 April/than every week

March 15 days blessed Oil Trade with speedy run on Ports short supply-Trades Fulls Godowns-Mkts begin slide on 18-20 March-overbought Trade now feel pain of price dropLosses since March High:-KolhuOil Rs 3kg-Olin Rs 2.50kg-SoyRef Kandla Rs 6.50-CottonRef Rs 3.50kg-RBRef Kolkata Rs 3.50

Estimates:Malaysia March MPOB report-Prdn 1.50 LT extra to Feb-Exports/2 LacTon more-Local use down 30000 Ton-Stoks to drop 1.50 LT, below 18 LacTon