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AGRA
Mustard Saloni 5950Cake BP 2840/50 Sharda 2771/81 Saloni 2711/21 Sonali 2701/11
World SoyMeal Production marks slowest growth past 4yrs-moves in 2472/2554 LacTons in 4yrs Frame-consumption pattern similar to Prdn-so season emd stok too moves in 87-99 LT-Other OilMeals Prdn surges 25% extra than SoyMeal-All Other Meal Prdn Half of SoyMeal
आज भरतपुर सरसों मंडी में सरसों भाव लोकल 5100@ बोले गए
Ports Palm Soy low stoks/Vessels arrival delay spiked India VegOil Prices in 20 Feb/18 March-Trade chase buys:build stoks-Mustard/Sun/Soy/RBO/CotRef quotes surges Rs 7-13Kg in less than mth-Trade presume Hot Run to continue more days so build stoks-Barring SunOil/All Oils added Rs 12-13kg
Yellow shining Always not Gold/Proved-20 Feb/20 March big spike lived for Shorter days but Trade donot realise:Mkts can Roll back from high Prices-All 6 VegOils adds average Rs 11kg in 20 Feb/20 March, mkts corrected upto 40% post 20 March-April/May to remain hot so VegOil demand wud drop
EdibleOils continues to show downtrend despite supply disruptions, Vessel Freight surge on RedSea Crisis-higher Int Rates hikes borrowing cost so Funds/Physical Trade sentiments remains depressed-Jan/March Argntna SoyOil/Malasia RBD Olin average Quotes now Half of 2yrs ago $1734/1551 Ton
KLC MID OPEN +54 RM
12:02#KLC+54SUNOIL:878/875(+14.2/+0)ECBOT:SOYOIL+0.80,ML-0.5,SD+7.0CHINA:SOYOIL+108,ML+32,SD+4,RBD+222INR 83.37RM 4.7260WTI 83.44+0.27BRENT 87.24+0.24
DHULE:Soy985Cot990RBD990Sun985Soybn4600