Author Archives: 919810285269

Sandip Bajoria says in Kuala Lampur:-SoyOil wud eat PalmOil share in 2024 Year as PalmOil Imports in Loss/SoyOil Refining in Profit-so PalmOil Imports wud drop 8 LacTons/SoyOil wud snatch market share from PalmOil-SunOil Imports wud stable at 2.50 LT mth-Total Imports likly at LY 165 LT

Argntna SoyOil mthly stok equals 80% of mth Exports-SoyMeal stok staying below Half of mth Exports even Argntna fast in lowering Export Prices

Argntna Plants holding very high SoyOil stok past 3 mth-Dec/Feb stocks staying over 3.60 LT-20/25% Extra to 2023 year average 3.06 LT-US Plants Jan SoyOil stok 7 Lt, 6mth high-Argntna 2023 season Soy crop failed so World Short of SoyMeal-Plants Jan SoyMeal stok dropped to 6mth low 7.52 LT

Brazil Oct/Jan BioDiesl Prdn surges 31% 5.60 LT vs LY-Argntna Jan/March Prdn to remain low on slower Local demand because of very high Inflation Rate

Palm Funds thou claims Malasia supply tight but fear of higher SoyOil supply, SunOil cheapest- VegOil keeps KLC funds nervous, limiting day Volatility-Feb Mth 1 day highest Volatility 97 RM, lowest since 2020-Past History:KLC never Run higher in March over Feb/always settle below Feb last day

Cbot SoyMeal Jan mth average Value $403 Ton, $45 Ton below 2yrs ago-Feb average Values $120 Ton below 2yrs ago

Argntna SoyOil continues to Trade much below to Last yrs-Jan mth Average Fob Values $852 Ton $520 Ton below 2yrs ago-Feb mth average Values $710 Ton below 2yrs ago $1548 Ton