INR 82.8950EUR 1.08519POUND 1.26873JPY 150.482CHF 0.88515AUD 0.65034CNY 7.1946Gold 2113.28Silver 23.767BRENT CRUDE 82.65DOLLEX 103.86173M USD SOFR 5.323766M USD SOFR 5.245471Y USD SOFR 5.01539
Author Archives: 919810285269
9:03#KLC+30(3968)ECBOT:SOYOIL-0.06,ML-1.2,SD-3.5CHINA:SOYOIL+18 ML+32 SD+8, RBD-4INR82.88 RM4.7230 WTI 78.21 BRNT 82.47
India can’t self sufficient in Oilseed-Malasia keen to Optimize Palm prdn/hike Yields/better Life for Palm Farmers-Difference Prove*India AgriMin/PM never attends any Oils Event/No Personal Knowlege of Farmers/Processors Problems-Malasia Plantation Min knows roots of PalmOil Trade/Farmers
POC/Malasia Event:-RKSinghal/Saurabh direct Live Telecast from Malasia*Malasia Plantation Min says-KLC tone shud be better in 2024-2024 Year Prdn likly 187 LacTons-India China Europe wud buy more Palm on Price advantage
BMD Head say:-PalmFutures most PowerFull platform in VegOil Trade as KLC benchmark sets stage for VegOils Price discovery Round-the-Clock-BMD Independent Exchange so never blamed for artificial Price Manipulation-BMD Trusted Exchange so Thousands Traders/Brokers/Processors use KLC Platform
KLC PALMOIL OPENS
8:03#KLC-4ECBOT:OIL+0.02,ML+1.6,SD+3.3CHINA:SOYOIL+20, ML+28, SD+3, RBD-16ARGN FOB:SOYOIL:M861$/A859-4SFOIL:M815SOYMEAL:M389$+7
India Malasia/Comparison:-Malasia 2nd Top Palmoil Producer-India Top Consumer-BMD/KLC Futures Exchange Organise POC Event/Malasia Top Ministers Presents in POC-Cbot/China Futures Heads share Stage with Malasia Govt-India:Govt blames Futures Exchange for Price Manipulation of Essencials
BMD Senior Officer presumes very high Volatility in PalmFutures-Goe Political Risks persist-World Soy Crop Final size still uncertain-El Nino ends but LaNina may develope-No sign of Ukraine Russia Conflict ending-Elections in many Countries/Economic Policies may alter by new Elects
PalmOil Top Event POC Malasia begins today in KualaLampur-Malasia Min of Plantation Commodities MPOB/MPOC/BMD CMIEChina Exchange Top heads Present-Venue Hall Packed with Delegates from World-Delegates more Interested to luk for Palm Price Outluk-RKSinghal/Saurabh only Indian Media in POC
ARG/BRZ SOYOIL/SOYMEAL BASIS/FOB-
SOYOIL Basis/Fob vs CBOT:ARGENTINA-Mar-610/-740(Fob Slr 861.34$/Byr 832.68)Apr-620/-750(859.13/830.47)-4$May-740/-850(832.68/808.43)JJ-740/-850(837.31/813.06)BRAZIL-Apr-600/-700(863.54/841.50)+0May-650/-770(852.52/826.06)JJ-700/-870(846.13/808.65)-8 ARGN FOB SUNOIL:Mar/Apr Slr 815$/Byr 775+0 SOYMEAL Basis/Fob vs CBOT:Argntna(46.5%):Mar+20/+10(Fob Seller 389.66$)+7$Apr+15/+8(384.15)+6May+5/-3(373.13)Brazil Plt(48%):Apr+17/+15(386.36)+1May+12/+8(380.84)+1JJ+5/-1(375.44)+1USA Gulf:1-15Apr+38(409.50)+116-30Apr+25(395.17)+2May+20(389.66)+1JJ+20(391.98)+1