Brazil 2024 Year Jan/Feb SoyOil shipments drops to 4yr low 100966 Ton-2023 Yr/424181 Ton-2022 Yr/261608 Ton-2021 Yr/92735 Ton*Jan/Feb 24 Export to India very poor 37213 Ton-2023 Yr/207281 Ton-2022 Yr/182159Ton-2021 Yr/44250 Ton-2020 Yr/55414 Ton-India share drops to 37% of total Export
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Malaysia BioDiesel Assn says:-B20 blend already Operational in Some parts of Malasia-Malasia Govt working towards 30% blend by 2025-BioDiesel Prdn wud touch 25 LT, once Malasia B20 mandate is completely Operational in All States-2023 BioDiesel Prdn totals 14 Lt, 2 Lt more to previous year
WTO ruling can increase market access for Malaysian palm oil-Experts
KUALA LUMPUR: After years of fighting tooth and nail, Malaysia has made its stand clear by winning the ruling and ensuring palm oil-based biofuel is removed from the European Union’s (EU) trade restriction, said industry experts. The World Trade Organisation’s (WTO) decision generally in favour of Malaysia is “huge” given the discrimination against palm oil …
Continue reading “WTO ruling can increase market access for Malaysian palm oil-Experts”
Bullish outlook for CPO
PETALING JAYA: Palm oil industry experts believe the industry and edible oils market fundamentals support prices of crude palm oil (CPO) to remain above the RM3.800-a-tonne level in the first half of the year (1H24) and moderate in 2H24. The key catalyst to look out for the trajectory in the price trend will include the …
DORB/PP-
Jayshree : 14,600Sita (Durg) : 14,500Sita (Ngp) : 15,000Chaitanya : 14,300Jaidurga : 14,400Ramdev Ngp : 15,300Saibaba NGP : 15,500Bhagwati : 14,500S K Arang : 14,500Panchsheel : 14,500
DHULE:Soy975Cot960RBD940Sun975Soybn4575 SAMALKOT:RBO-1st910/2nd870
KLC MID OPEN +34 RM
12:02#KLC+34(MAY4105)ECBOT:SOYOIL+0.43(MAY46.78),ML+0.2,SD+5.8CHINA:SOYOIL+122,ML+85,SD+41,RBD+102INR 82.69 RM 4.6925WTI 79.19 BR 83.27
INR/USD Exch rate Eff 8 Mar:Import 83.75 vs 83.90Export 82.00 v 82.20New Duty-CPO Rs.4104 per Ton(-7)RBD Olein 10479(-18)Soydgm 4159(-7)
CHINA:SOYOIL+128,ML+75,SD+41,RBD+116
SUNDOC:Chalakere26000Gandhidham:Supr920