Kandla Mundra Ports Tanks SoyOil stok reaching Bottom-stok drops Half in week to 25000 Ton-CPO stok too slips to Half vs 6weeks ago 1.35 LacTon-CPO/Soy 90000 Ton stok termed very low
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Kandla Mundra PalmOil shortage worsens more-
-No PalmOil Vesel reported Kandla Mundra sofar-Haldia Bujbuj:Only 35000 Ton Palm Vessels reports sofar-Jnpt Port too short of PalmOil/only 20000 Ton Vessels reports vs Feb mth 61000 Ton-Kakinada Port/double Cargo reported vs Feb 49000 Ton
Special Report-
March EdibleOil Import likly 10.70 Lt, 1 LT more to Feb mth 9.72 Lt-All extra Import cornered by SoftOils-SoyOil Import likly 2.20 LT, 50000 Ton more than Feb-SunOil Import may exceed 50000 Ton from Feb mth 3 LT-98000 Ton at Kandla/85000 Ton at Haldia SoyOil Vessels reports till 10 March
Wash CottonOil prdn since Oct trailing past years-Oct/Feb Prdn 4.15 Lac Ton 25% less to past 2 years-Cotton arrivals 60 LB higher to LY but Cotton Seed crush 10% short to LY 46 LacTons-even Cot WashOil Feb mth average Prices quoted Rs 20kg below Last Year-Cotton arrivals till today estimated 230 LB
Athena TradeWind say:-spot April KLC hit 4200 RM:May chasing-safe to liquidate at 4250:trend shud continue till 4450-long time Palm Funds may liquidate positions, adds short-SoftOils supply ample, No disruption in supplies, Petro staying below $85/Palm wud face resistance: loosing Premium
Malaysia PalmOil Fob Prices @ Close
Market CloseBmd : May 4133 (+2)H 4175 / L 4115Vol : 78,065 OlnMar 940 vsApr 940 vsMj 920 vsAmj 927.5 vsJas 867.5 vs 862.5Ond 852.5 vs 842.5Jfm 852.5 vs Rbdpo: -5 Strn: Apr 937.5 (deld)Pfad: Mar 792.5 (deld) Local Cpo: Mar 4230 LauricsCpko: Mar 287 (pk) / 287 (pg)Rbdpko: Mar 1105Rbdpkoln: Mar 1045Rbdpks : Mar …
Malaysia MPOB Highlights-
*Malasia Jan Feb PalmOil Import lowest of 6yrs despite tight supply*Malasia Feb CPO Prdn 38000 Ton more to Jan but Refiners struggles to source CPO so Olin prdn drops-ByProducts Prdn too decines on Low Palm Refining*Palm Prices higher to Soy Sun so Feb Export post deepest 20% decline vs Jan *Malasia 6 Palm Refineries closed …
FOREX@330
INR CLS 82.76(+0.01)O/H/L:82.72/82.77/82.72EUR 1.0928POUND 1.2787JPY 147.514CHF 0.8763AUD 0.6612CNY 7.17346m Premia 1.3727 %Gold 2175.86Silver 24.398BRENT CRUDE 82.83DOLLEX 102.8955
INR CLS 82.76(+0.01)O/H/L:82.72/82.77/82.72
KLC PALMOIL CLOSE +2 RM
3:32#KLC(CLS)-8(M4200)-14(A4192)+2(MAY4133)+21(J4050)MAY:O/H/L:4122/4175/4115,31641 LotECBOT:SOYOIL-0.23(46.41)ML+1.4,SD-0.7RM 4.676 BR 82.60