Soybean basis CFR China bounced overnight. The origination cost in Brazil continues to increase. Crushers in Brazil still have to cover part of July and August, and soybean supply in the key states are running low.
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Ganpati Agri Barabanki: Mustard Cake Rates-
31 May 2024 NO MIXING DE OILED MUSTARD CAKE/RAPE SEED @23800 PROTEIN AROUND 38%, SS AROUND 1%. Call : 9838079081
DEEP PRABHA Refined Soybean Oil: a Quality Product from Goyal Group
Revised-Saloni RM
SHAMSABAD.6575/- DIGNER .6575/- ALWAR.6500/- KOTA.6500/-DEPOT.6200/- MORENA. 6600/-
Forex Dealers say-Malaysia Ringgit rebound from 26yrs low will stay for longer than previous attempts-Ringgit best Asian Currency past 3mths-wud firm to 4.65 year end
*USDA predicts USA Oilseeds Import wud drop in season*Indonesia to confirm Diesel Subsidy cut in Budget proposal
*Past History:Shares always Rewards Investors post Elections *Water grid further cuts Dams Water stocks to 23% of Dams capacity-Stock levels 77% to Last Year
Germany/France pressures EU to halt China BioDiesel Imports-alleges/UCO mixed in BioDiesl-cheaper Imports hurting Europe BioDiesel Plants
PalmOil View-
Sime Darby declares 1Q Net Profits 3 times to year ago:say-Nearterm CPO prices to remain supportive due to continued GeoPolitical tensions, anticipated Weather events in Suppliers Origins*PalmOil Trade say:-SunOil rally boost PalmOil buy-Petro slide may cut Indonsia Palm usage in BioDiesel
*3 महीने में पहलीं बार चीन में इंडस्ट्री प्रोडक्शन घटा है। *औस्ट्रलिया में फसलों की मदद वाली बारीष हुई हैं। *USDA ने कहा है कि इस सीजन अमेरिका में ओइलसीड इम्पोर्ट कम होगा।