Guj Trader say:-Only Millers buying Castor in Mandi/Any Other buy very low-No Stokist active
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*Cbot Soy eases on improving US Fields weather, paving way for Crops early sowing*Fitch cuts China rating on widening Deficits and Economic Worry*USA Small Traders Economy trust poorest since 2012
Bharatpur mandi Mustard 5101
Special Report: India Port Stocks-
*India Ports March VegOils Stocks further drops to 5.90 LT-lowest of 22 mth*CPO stok estimated 1.65 LacTon/only for 10days of India minimum 5 LT Refining-stok Half of Jan 24 of 3.30 LT/lowest stok of 22mth*March Olin stok 68000 Ton/1 LacTon less to Feb 1.60 LT-RBD stok always exceeds 1.25 LT *Ports SoyOil Stok thou expands …
Reuters Report:-60% of India Population Incomes to grow mere 3% in FY 25-800 Million Indians are enough to qualify for Govt Free Food Scheme-HouseHolds savings rate is 50yr low
Agra Mustard/Cake
Seed Sharda 5725 BP 5725 Saloni 5875Cake BP 2800/10 Sharda 2741/51 Saloni 2731/41 Sonali 2721/31 Swastik 2721
Special report: Arg/Brzl Soyoil Exports to India-
*Argntna Jan/March SoyOil Exports 10.53 LT, 28% 2.35 LacTon more to LY-Brzl Shipments 4 LacTon short to LY 6.53 LT *Argntna Brzl Jan/March SoyOil Exports to India 40% more to Last Year 4.82 LT-Ships 1.85 LT Extra to LastYear*Brzl Jan/March SoyOil shipment to India 1.33 LacTon in line to past 2yrs Volume-Argntna Jan/March 5.43 LacTon …
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Argntna March SoyOil average Value now Half of 2yrs ago $1747 Ton-Cbot Meal March Value now $150 below 2yrs ago $520-Cbot SoyOil March Value $525 Ton below 2yrs ago $1577 Ton
Argntna SoyOil rally seems ending as supplies pressure to push surplus supplies higher-Brzl Ready Cargo trades $40 over Argntna*Spot CPO Premium to SoyOil soars to 2024 highest $104 Ton-seems PalmOil to trade over SoftOils for few more weeks-SoyOil drop erodes Premium over SunOil to Half
Market Dynamics-*India ready SoyMeal still $100 Ton over Argntna $383 Ton*Cbot Soyoil futures now trails to 31 March finish-KLC adds $21 Ton in April mth/Cbot drops $10 Ton*Argntna SoyOil now trades at mth low-Ready shipment lost $29 Ton since 31 March-SunOil trades $43 Ton below Argntna SoyOil