SOYOIL Basis/Fob vs CBOT:ARGENTINA-Apr-710/-800(Fob Seller 904.77$/Buyer 884.93)-15$May-740/-860(898.15/871.70)-16JJ-770/-910(903.45/872.58)-24BRAZIL-Apr-600/-700(929.02/906.97)-21May-740/-800(898.15/884.93)-43JJ-700/-900(918.88/874.79) ARGN FOB SUNOIL:Apr/May Slr 870$/Byr 845(+10$) SOYMEAL Basis/Fob vs CBOT:Argntna(46.5%):Apr No Slr/+10May NS/+8Brazil Plt(48%):Apr-4/-12(Fob Slr 363.65$)-6$May+4/+2(372.47)+0JJ+5/+0(378.09)+1USA Gulf:1-15Apr+30(401.13)+316-30Apr+25(395.62)+2May+20(390.10)+3JJ+20(394.62)+2
Author Archives: 919810285269
ECBOT:SOYOIL-0.08,ML+0.1,SD-0.6CHINA:SOYOIL-36,ML+16,SD-45,RBD-8
China adds more GM Corn Soy Varieties for Commercial field sowing
India RBD Olin Ports stok plummets to Half in 1 mth-stoks peaked 1.99 LT mid Feb/now stok 97000 Ton-Kandla Mondra Stoks Nil vs 1mth ago 50000 Ton-Chennai/Krishnapatnam stok too drops to Half-Paradip Haldia Bujbuj Tanks empty
KLC lost 92 RM in past 2 days on Funds profit taking-March Malasia CPO Prdn outlook brightens-KLC appears to be consolidating 4200 RM
China EdibleOils Importers too lowers buy in anticipation of higher SouthAmerica Soy supplies-All EdibleOils stok Feb end reported 5.25 Lt less to Nov peak 22.24 LacTons
KLC repeating past history:-run positive 3 mths in row Last year in June/Aug:adds 805 Ringit-running positive in 2024 too since Jan/marks 582 Ringit rally
*Petro multi-mths high on Russia supply concern*INR weakens with firming USDX*US Equity Futures eases amid caution ahead of FedBank meet
*Brazil farmers now carry 950 LacTon new crop Soy/Thousands Truck carry Cargo to bins/Ports/Crush locations*Cbot Funds cools on talk of US Soy area addition
Brazil Soy Corn crops bigger:even on adjusting Prdn losses-supplies booming, Prices drops-Farmers worried/more Cases before Authorities for protection from Bankruptcy-selling pace higher to avoid losses of forward price fall