Mundra:RBD980Soy970Sun975Hazira:RBD990Soy980
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Beware Persons:Who Copies/ForwardsRK Singhal SMS without written Permission-Govt making Law to Punish those who Transmits/Copies/Forwards Informations creations by Original Senders-Photo Shoots/Transmission wud be Offence when Govt changes Law
*Ms Bhavna Shah exits Malaysia PalmOil Council/joins India Top Branded Oils entity NK Proteins*Europe SunSeed crop likly 5% higher to LY
*Rupee firms today after marking all Time low 83.45 last day*Korea Sesamum Tender nxt week–-Indian Traders recalls pain of last Tender
*US out of SoyOil Exports on very high Prices *US Feb Soybean Export Numbers decline confirms South America competes with US in Exports
Brazil Argntna new Soy crop size doubts helps US to ship more Soybean in Feb mth-Feb shipments histrically drops upto 40% to Jan mth-Feb 2024 Exports only 7 LacTon less to Jan 59.61 LacTon-still Jan/Feb Exports 27 LacTon less to LY 139.33 LacTon
Mustard Meal demand crisis continue-No Vessel Loaded in March-May mth may too witness No Vessel Loading as Korea Tenders for 15 May/15 June
Rajasthan Leading Oil Miller feel–April/June Mustard crush may short 5-8 LacTon vs LY 26 Lac Ton-Nafed may begin Old crop Mustard sales in July mth
India 135 Dams Water stok 83% of LY-North 32% vs LY 41%-East 45% vs LY 44%-West 47% vs LY 38%-Central 43% vs LY 47%-South 34% vs LY 28%-any less Monsoon Rains wud be alert for Soy Rice GN crop
Soyoil Premium:May-670Jun-740July-740Freight 90$