Author Archives: 919810285269

*China Jan Feb Soybean Imports totals 130.4 LT,Lowest Volume of 5yrs*Israel-Hamas Cease Fire talks:No progress

*Petro drops 1% on fear FedBank rate cut can be delayed*Gold surges to record high $2160 as Powell disfavoring IntRate cut*Moody hikes India Economy growth to 8%

PalmOil Industry Experts see No reason for KLC to drop below 3800 Ringit in 1H 2024-climate wud be at Centre stage for Agri Commodities/see No reason for bearish tone in 2024 Year

Cbot complex last night hits highest run of mth-Soybean/Meal/Oil holds big run in entire trade-post highest 1 day run of mth

-KLC adds 101 Ringit-Cbot gains 117pts-CPO/RBD Fob adds $22/25 Ton-Indore SoyRef gains Rs 2.40kg/Kandla Rs 1kg-RBD Kandla Rs 2.50kg hotter-SunRef/CotRef gains Rs 1.50kg-KolhuOil stays/avoids drop on rival Oils strength-HighSeas Soy gains Rs 1kg/CPO Rs 1.50kg

-After years of fighting Tooth-Nail, WTO allows Malasia to market Palm based BioDiesel in EU without any discrimination-Malasia BioDiesel is removed from EU Trade restrictions-Palm wud be largely benefitted with WTO Ruling:wud hike BioDiesl prdn for Export to EU