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कोल्हू तेल ने पिछले सप्ताह 6 रुपए किलो तेज़ी की है मगर Rival Oils कोल्हू तेल के साथ नहीं चल रहे।पिछले सप्ताह सोय्या रिफाइंड इंदौर कांड़ला में डेढ़ रुपए तेज़ हुआ है।काकीनाडा में सन रिफाइंड दो रुपए किलो तेज़ हुआ है।कॉटन आयल डिमांड सुस्त होने से टिका रहा।कांड़ला ओलिन में पिछले सप्ताह कोई तेज़ी नहीं …

Continue reading “India Local Markets Prices Trend”

SOYOIL Basis/Fob vs CBOT:ARGENTINA-Jun-220/-300(Fob Slr 942.47$/Byr 924.83)+0$July-380/-500(907.19/880.74)+5Aug-400/-620(908.74/860.23)+0Sep-400/-620(912.26/863.76)+0Oct-400/-620(914.03/865.53)+0BRAZIL-Jun+50/-260(1002.00/933.65)+0July ?/-450(?/891.76)Aug-500/-650(886.69/853.62)+0Sep-500/-650(890.22/857.15)+0Oct-400/-630(914.03/863.32)+0 ARGN FOB SUNOIL:June Slr 940$/Byr 890 +0$July 935/885 SOYMEAL Basis/Fob vs CBOT:Argntna(46.5%):Jun+20/+12(Fob Slr 448.08$)+0$July+15/+10(442.57)+0Aug+16/+9(437.17)+0Sep+16/NB(434.09)+0Oct+17/NB(433.20)+0Brazil Plt(48%):July+10/?(437.06)+0Aug+12/+6(432.76)+0Sep+13/+7(430.78)+0Oct+14/+9(429.90)+0ND+14/+9(432.87)+0USA Gulf:Aug+32(454.81)+0Sep+32(451.72)+0Oct+27(444.23)+0ND+27(447.20)+0

*Brazil May Soybean shipments pace slower/may slip below April mth Exports*Petro begins day higher, ahead of Opec 2 June planned meeting*Argntna Grey Mkt Peso cross 1200

SoyOil status:-Cbot trades $70/80 Ton below 31 March closing-Argntna SoyOil July shipment back at 31 March $903 Ton

*Malasia lower CPO Refining makes By-Products supply tight so Stearin continues to Trade over RBD Olin past many weeks*Indonesia plans to cut Fuels subsidies by 2025 to hike local BioDiesel usage

IMD declares:Monsoon to hit Kerala soon so hope of Rains to fill empty Dams-All India 150 major Dams average 76% empty vs Last year 70%

SunOil user Countries building Stocks on fear Ukraine supply short till new crop harvest-Russia farmers forced for SunSeed Resowing on Frost damaging crop-Ukraine SunSeed sowing exceeds Last Year area 50.33 LacHec/2.50 LH extra may be sowed next few days

*Heavy Storm brings heavy Rains in USA many areas*Europe Weather mixed:Floods & very good weather in various zones*Brazil Soy crop lowered further