SOYOIL Basis/Fob vs CBOT:ARGENTINA-Apr-580/-730(Fob Seller 949.08$/Buyer 916.00)May-650/-790(933.65/902.78)+19$JJ-730/-870(927.48/896.61)+11Aug ?/-800(?/914.03)BRAZIL-Apr ?/-650(?/933.65)May-550/-700(955.69/922.63)+5JJ-700/-850(934.09/901.02)+10 ARGN FOB SUNOIL:Apr/May Slr 900$/Byr 850(+25$) SOYMEAL Basis/Fob vs CBOT:Argntna(46.5%):May+9/+3(Fob Slr 373.68$)Jun+6/-1(374.34)Brazil Plt(48%):May+8/+6(372.58)JJ+7/+6(375.44)Aug+11/+5(381.18)Sep+11/+5(382.50)USA Gulf:Apr+27(393.52)+2$May+23(389.11)+2JJ+22(391.98)+1
Author Archives: 919810285269
KLC PALMOIL OPENS STEADY
8:01#KLC+4(JUN4411)ECBOT:SOYOIL+0.14(48.99(ML-0.2(329.8)SD+1.7(1184)CHINA CLOSEARGN FOB:SOYOIL:A949$/MY933+19SFOIL:A900$+25SOYMEAL:M373$
*Brent Petro marching towards $90 Ton/more support for VegOils*Malaysia hikes vigilance of Essential Prices ahead Ramzan
ECBOT:SOYOIL+0.21,ML+0.2,SD+3.0
KLC trend ready PalmOil short-Front mth KLC 4.06% over 3rd mth-Forward mth offers 1.60% discount to 3rd mth June
SEA Mustard Crop Yields Survey:Rank-Guj Tops 1703kgHaryana 1614kgMP 1258 KgRaj 1214kgUP 1128kgWest Bengal 1201kgAll India 1201kg
*US key Soy area Iowa in severe drought*Cbot Corn adds on talk of China cancelling Ukraine deals
Fed Bank Members backs cutting IntRates in 2024-CIMB Research see 3 cuts in FedRates in 2024-Fed Powell says:cutting Rates sooner cud be quite disrupttive-S&P 500 enters Worst mth of yr periods
CPO Premium over SunOil hits 3 mth high $145 Ton-CPO Kandla May $45 Ton over Soydegum-Kandla:RBD/Soy/SunRef costs equal Rs 98kg
USA buying more Used CookingOils to makeup local SoyOil shortage for BioDiesel-USA grabs Half of Indonsia Feb 42149 Ton-Malasia mth average shipments 80000 Ton