Author Archives: 919810285269

SOYOIL PREMIUM:April -650 BOKMAY -770 BOKJJ -850 BONN

Argentina new Soybean crop estimated double to Last Year but eyes Brazil prdn loss-so adjusts discounts to Cbot only very small $15/30 Ton in March

KLC past 10 days History:-cross 4200 RM 8 times/drops 1 day below 4200-KLC adds 6.73% in March/Cbot 8.41% Hot-so Cbot run rate 25% extra than KLC

KLC Funds recalls Malasia past yrs April mth Prdn trend-April Prdn normally surges over March/If drops:very marginal-so tries to adjust Palm Prices for Futures mths, buks profits today as SoyOil Cash/Futures retreats last night-demand ration to PalmOil shortage target nearly completed

Brazil SoyOil supplies tight in season-Argntna fresh Soy supplies yet to catch-up-Soy/Meal shows impact of season higher Soy supply so runs very slow $11/22 Ton in March-SoyOil adds $55/81:mirroring PalmOil shortage-PalmOil supplies to elevate in few weeks so SoyOil can ease on Palm prdn recovery

INR/USD Exch Rate eff 27 Mar-Import 84.00 v 83.75Export 82.25 v 82.00New Duty-CPO Rs.4167 Per Ton(+13)RBD PalmOlein 10626(+32)SoyDgm 4310(+13)

Malaysia Palm:Apr 975$-20/down Rs.1.65 kgMay 950-17.5Jun 940-12.5Jas 880-17.5