*Goldman Say:Europe Share Mkt to out perform US in 12mth*Buenos Aires Exchange trims Corn crop to 520 LT/Ist time Soy crop more than Corn
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*India barring North/All States under grip of Temperature over 38 Degree*Roller FlourMills survey see Wheat crop 60 LT short to Govt claim 1120 LacTon
Kandla Cif Year 2024 Quotes:-RBD Olin/CPO recovers $200 Ton from Jan low $835/867 Ton-SoyDgum recovery $152 to 1035 Ton-SunOil adds $95 Ton from year low-All Cif Quotes finish last week $35 Ton off to high*Kandla RBD Year 2024 high Rs 985, surpass 2023 Year high Rs 975, after 12mths gap
*Malasia March Stearin stoks elevates on low Export*US too short of BioDiesl supplies:Jan/Feb status–Export 47528 Ton-Import 348201 Ton
Australia Jan/Feb Gram Export 92000 Ton:-UAE/Pak/Bangladesh each buy 25/27000 Ton*Lentil Exports/1.08 LT:-Pak 35000 Ton-India 1.08 LT-Lanka 23000 Ton
*India All VegOils lost Half of 1-4 April rally on KLC steep fall past 3 days*Rains hampers Argntna Soy crop harvest
Trade debates:-India Soy crop 96 LT-Supply available for Crush 86 LT-Arrivals so far 60 LT-Farmers stok 26 LT-Trade stok 18 LacTon-Crush 6 mths 53.50 LT/mth average 9 LacTon
Mkt Dynamics:Cbot SoyOil erodes mth all rally/finish last day below 29Feb 47.90cent-Meal all mths settles at mth high-Cbot SoyOil last night drops most in mth-Cbot SoyOil lost double to KLC as Petro shows down trend begining-KLC last 3 days continues to drops/India Mkts too fell steep
Market HighLights:-Soy HighSeas drops to mth low Rs 88kg-CPO HighSeas too quoted mth low Rs 93.30kg/CPO Trades Rs 5kg over Soy-Cbot SoyOil last night low mth lowest-Cbot Soybean above $12 short lived-Cbot Meal near mth high-Kandla Olin trades Rs 1kg over SoyRef-Soy Cif now below $1000
Cbot erodes April all rally/finish last day below 29 March closing-Malasia spot CPO retains $31 run in mth-RBD adds $22/15 in April-Russia SunOil Top gainer in April mth/adds $50 Ton as Trade smell supply to tight very soon-Sun/CPO/RBD CIF adds very smaller gains in April-SoyDegum drops $41