Author Archives: 919810285269

INR 83.31-0.06EUR 1.08234POUND 1.26328JPY 151.303CHF 0.9047AUD 0.65376CNY 7.2247Gold 2194.62Silver 24.66BRENT CRUDE 86.57DOLLEX 104.32943M USD SOFR 5.301916M USD SOFR 5.224041Y USD SOFR 5.01214Range for the day: 83.00 – 83.50INR is expected to trade under pressure as Fed officials’ hawkish comment paved way for the dollar to flourish once again. In his speech yesterday, Fed official Christopher …

Continue reading “INR OPEN @ 9AM”

CBOT SOYOIL May Share:41.34% VS 41.32% SPREADS:BOPOMay SoyOil vs PalmOil +162$July +209POGO-Apr PalmOil vs GasOil +92$May+84

Indonesia plans to raise its crude palm oil reference price to $857.62 per metric ton for April 1-30 period from the current $798.9 per ton, it would raise CPO export tax and levy to $52 per ton and $90 per ton respectively, from $33 per ton and $85 per ton collected in March

*Cbot SoyOil run faster to Soy/Meal in March*Indonesia Olin Premium to SunOil hits everhigh $152 last day

CPO supply still too short-Refiners struggles to source CPO supply-RBD Olin beats All Oils in run in March-completes $100 rally in March-SunOil run rate slows/adds Half of Olin rally

US Soy Plants Crush capacity to rise speedy to meet SoyOil demand in BioDiesel-capacity to surge 23% in nxt 3yrs vs 7% past 3yrs

KLC/India spot VegOil Prices moves parallel since 20 March-KLC peaked 4273 RM/drops 136 RM sofar-Kandla SoyRef drops Rs 4kg, Olin eased Rs 3kg with KLC slide

SOYOIL Basis/Fob vs CBOT:ARGENTINA-Apr-580/-700(Fob Seller 923.07$/Buyer 896.61)+4$May-700/-750(896.61/885.59)+3JJ-750/-850(897.71/875.67)+5Aug ?/-800(?/887.35)BRAZIL-Apr NS/-700(NS/896.61)May NS/-750(NS/885.59)JJ NS/-820(NS/882.28) ARGN FOB SUNOIL:Apr/May Slr 880$/Byr 840(+0$) SOYMEAL Basis/Fob vs CBOT:Argntna(46.5%):Apr No Slr/+5May+8/+2(Fob Slr 382.50$)-1$Jun+6/NB(384.26)-1Brazil Plt(48%):May+2/-1(375.88)-1JJ+2/-1(379.85)-1Aug+7/+2(386.25)-1Sep+7/+2(387.02)USA Gulf:Apr+27(403.44)-1May+23(399.03)+0JJ+22(401.90)-1