Kandla Refiners continues to offer wider discounts for forward deliveries-major Refiner offers May SoyRef Rs 6kg below spot Rs 100kg-June further Rs 2kg below May Rs 94kg
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1-20 March Palm Soy SunOil Vessels Declare/Berthed Status*Kandla Mondra :-2.76 LacTons*Jnpt Port :-1.17 LacTons*Haldia/Bujbuj :-1.81 LacTons*Kakinada :-1.53 LacTons*Krishapatnam:-1.15 LacTons*Chennai:-98000 Ton
KLC past 2 days becomes Shadow of China Futures despite Malasia supply factors Key to Price Movements-KLC dropped 50 RM since Tuesday, mirroring China Futures losses-Cbot SoyOil extends losses of last day thou South America stays hot in SoyOil offers-China DCE RBD stays 400 Yuan over SoyOil
Argntna pre-New Crop Soy supplies squeezes so 1-20 March SoyOil shipments drops to 1.70 LT-To India 83346 Ton-To Bangladesh 56151*SunOil shipment drops to 21700 Ton-To India only 1300 Ton*Soyoil Vessels in Lineup/Loading for India 2.50 LT+15000 Ton SunOil
DORB/PP-Jayshree : 14,400Sita (Durg) : 14,400Sita (Ngp) : 14,800Chaitanya : 14,200Kamal : 14,400Jaidurga : 14,200Ramdev Ngp : 15,000Bramhpuri : 16,800 deliverySaibaba NGP : 15,100Bhagwati : 14,300S K Arang : 14,500Shivangi : 14,200Om Oil : 14,000
AGRA शारदा 5650 सलोनी 5850 आज भरतपुर सरसों मंडी में सरसों भाव लोकल 5051@ बोले गए
Pak more dependent on Canola+Rape-1.30 LT Cargo Lands in Jan Feb
India EdibleOils Stok begin to drop with lower Imports-Ports stoks silently begin to drop-OverSeas Sellers realise India short supply so begin Cashing India shortage-Kandla SoyRef/Olin equally surge Rs 16kg equally since Oct-Prices recovery breaths Trade/Refiners to cover April/Sep looses
Indian Refiners very lately acknowledged Higher VegOils Import Pain/Low Import charm in Trade-took 6 mths time to correct April/Sep higher Import mistake-Overseas Prices correct fast:Prices melts/LC limits surplus on EdibleOil low Prices-so floods India/April-Sep Import 14 LacTon extra to LY Refiners Heavy Imports mistake crash Mkts-SoyRef crash Rs 16kg/RBD Olin lost Rs 13kg in April/Sep …
Brazil SoyOil more Hot to Argntna, Cbot-Brzl crop 100 Lt below LY/BioDiesel mandate higher-SoyOil S/D not comfortable-Ready Cargo Shipment completes $100 Rally-Run pace 35% faster than Argntna-Argntna/Cbot run rate parallel