Over 100 rice mills owners in West Bengal have individually approached the state electricity ombudsman to address the problem of “disparities” in power tariffs for the mills across the state after appeals to the West Bengal Electricity Regulatory Commission have so far yielded no results.
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Malaysia palm oil stocks likely fell below 2 mln tons at end-Feb
Malaysia’s palm oil stocks are expected to drop below 2 million metric tons for the first time in six months at the end of February, with output likely to drop for a fourth consecutive month, a Reuters survey showed on Monday. Palm oil stocks are seen falling 5.7% from end-January to 1.91 million tons, according …
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Trade estimates for USDA March US grain end-stocks
The following are analysts’ estimates ahead of the March crop supply/demand report from the U.S. Department of Agriculture (USDA), which will estimate 2023-24 U.S. ending stocks for wheat, corn and soybeans. The USDA is scheduled to release the report on Friday, March 8, at 12 p.m. ET (1700 GMT). Reuters surveys analysts for their expectations …
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Soybeans surrender gains as large South American supplies weigh
Chicago soybean futures slipped on Tuesday, surrendering gains from the previous session, as large supplies from South America weighed on the market. Corn and wheat futures also failed to sustain an overnight rise fuelled by bargain buying. The most-active soybean contract on the Chicago Board of Trade (CBOT) Sv1 was 0.4% lower at $11.50-3/4 a …
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Palm oil rebounds to 5-week high amid supply concerns, inclement India weather
Malaysian palm oil futures closed at a five-week high on Tuesday, rebounding from two days of decline amid supply concerns and inclement Indian weather prompting higher imports of edible oils. The benchmark palm oil contract FCPOc3 for May delivery on the Bursa Malaysia Derivatives Exchange rose 51ringgit or 1.3% at 3,989 ringgit ($842.81) a metric …
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Malasia Sources reports-Many Russia SunOil Traders/Millers in Town, persuing POC delegates to cover SunOil on larger supplies with All Origins-Argntna Sun crop ready/Plants Ist choice to crush SunSeed
BMD to begin SoyOil Futures next week to facilitate Trade to adjust Positions in Soy/Palm
Malasia VegOil Refiners follows Ethics–follows 1 Litre Unique Packing to allow Consumers to jugde price difference of Rival Brand-CornOil in Retail trades at 20RM/Litre
*Transgraph say:Palm demand cools on Palm quoted over SoyOil*United Planters see KLC range 3850/4250 in Year 2024
Argntna Brazl SoyOil heavy arrivals at India Ports to begin March end-March India Vessels arrivals seen 2.26 LT-April arrivals likly 1.50 LT more to March-12 Vessels may land Ports in April at time when Mustard arrivals peaks-8 SoyOil vessels to lineup for India at Argtna Ports in March