SouthAfrica Oilseeds crops reviving after drop Last year on Drought-Soy likly 24 LT-Sun 7 LT-RapeSeed 2.60 LacTon
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Castor Arrivals Nov/Feb estimated 30-40% higher to Last year-March arrivals estimated near to LY-April arrivals not to surge vs Last year-Low arrivals area Raj/Guj few areas
BlackSea SunOil discount to SoyOil now Half of 31 March $122 Ton*PalmOil Premium to SoyOil elevates further in April-RBD Olin Premium advanced 50% to $72 Ton-CPO Premium to Soy double of 31 March $45 Ton-Cbot/KLC spread slides below $150 Ton*Today Argntna SoyOil follows Cbot $15 Ton loss
Kandla Olin now Rs 500 Ton over Soy/Sun Ref-Olin quoted Rs 3kg over CPO HighSeas*SoyRef Kandla $30 Ton hotter in April-Argntna SoyOil drops $7 Ton-Kandla SoyRef now trades $240 Ton over Fob Argntna vs $200 Ton end March
No major change in Overseas Futures/Cash Prices-Cbot Soybean/Oil/Meal moves little $4-5 up/down-Argntna SoyOil defered mths adds $15 Ton in 5 days-Malasia Olin adds $30 Ton/CPO forward soars $40 Ton-BlackSea SoyOil $50 Ton hotter-Palm SunOil has potential to lead further/Soy wud follow
VegOils Real Test begins now:-Argntna/Brzl new crops supplies burden to begin now-Crush wud elevate on supplies mounting-SoyOil/SoyMeal extra supplies need to be disposed-Malasia PalmOil Prdn to begin growth-Supplies weight now to direct Markets-Buyers too wud realise Supplies mounting
Malaysia PALM:Apr 1000$-5May 977.5-12.5Jun 960-15Jas 930-7.5
Malaysia PalmOil Fob Prices @ Midday Close
Midday Market CloseBmd : Jun 4366 (-34)H 4386 / L 4347Vol : 24,914 OlnApr 1000 vsMay 977.5 vs 967.5Jun 960 vs 950Jas 930 vs 925Ond 907.5 vs 900Jfm 907.5 vs 902.5 Rbdpo: -5 Strn: Apr 997.5 (deld)Pfad: Apr 822.5 (deld) Local Cpo: Apr 4550 Laurics: Apr 340 (pk) / 341 (pg)Rbdpko: Apr 1340Rbdpkoln: Apr 1270Rbdpks …
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RBI kept Repo rate kept unchanged at 6.50%
KLC MID CLOSE -34 RINGIT
10:02#KLC(MID CLS)-31-34-34(JUN4366)-31/JUN:H/L:4386/4347ECBOT:sOYOIL+0.03,ML-2.3,SD-5.0CASTOR:6085+4GUAR:5285/5365(+12/+10)COTCK:2560/2591(-16/-15)GLD:69450/69779SLR:78968/80377