Brent March end finish $87.48/highest of 6 mth-recovers 20% from Dec low $73.24 on supply disruptions because of Opec low Prdn/RedSea Political crisis
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Ports VegOils ready shortage because of Low Import-Malaysia supply crisis benefited India VegOils Trade for very few days-India VegOils basket comprises Palm Soy Sun KolhuOil Cotton RiceBran Oils-Jan/March average Prices of All Oils (barring RBD) eases Rs 2.50kg below Oct/Dec Average Rs 95kg
Market Dynamics:*Kandla SoyRef trades Rs 3-4kg over SunRef in most of March-last week SoyRef trade below SunRef*Kandla SoyRef since long trades over RBD but shows courage to trade below RBD in mth end*East India:No change in RBD RBRef/KolhuOil mkt trend-spread continues in range Rs 22-32
Indore Ref has trend to trade below Kandla-equation change last week/quoted over KandlaMustard Refining still not on Cards as SoyRef despite rally in March 1H, continues to trade below Kolhu-March last SoyRef Rs 8kg discount unlikly to fade-Mustard Milling to shape with MustardDoc demand
JAI HIND !!
1-4-2024
Kandla Palm Stearin 920
Coconut oil Kangayam closing market: 0.3%Ffa-White:-1930(Byr)/tin+tax 0.5%Ffa-1850-1840/tin+tax1.0%Ffa-1800/tin+tax Refined Coconut oilSolvent: 119(Byr)/kg+taxExpeller:123(Byr)/kg +tax Roasted-0.5%:1990/tin+tax.
Indonesia-Government Advocates for Biodiesel Mandate Up to B-40 LevelJakarta. The government continues to push for mandatory biodiesel usage, which has now reached B-35 and is being tested for B-40. The domestic biodiesel sales in 2023 amounted to 12.2 million kiloliters (KL). The B-35 is a policy that increases the palm-oil-based biodiesel blend from 30 percent …
आयात पड़ते महंगे होने से अरहर एवं उड़द मजबूत, चना तथा मसूर एवं मूंग स्थिर नई दिल्ली। दाल मिलों की खरीद से घरेलू बाजार में शुक्रवार को आयातित उड़द के साथ ही लेमन अरहर एवं चना की कीमतें तेज हो गई, जबकि इस दौरान मूंग के दाम स्थिर हो गए। देसी मसूर की कीमतों में …