Author Archives: 919810285269

PalmOil supply talked short so Trades over SoyOil past 45days-SoyOil trades $100 Ton over CPO mid Dec/now Trades $60 Ton below-Olin Trades $180 Ton below SoyOil mid Nov/now $30 Ton costly to SoyOil*SoyOil Premium to SunOil peaked $200 Ton in Oct/now spread Half $100 Ton

Brzl marks Big drop in SoyOil discounts to Cbot thou Soy crop size talked 100 LacTon below Last Year-discount quoted 1500pts ($330 Ton) in Oct/before Brzl crop sowing-discounts dropped to 600pts even on Crop numbers drop-Argntna discounts too narrowed $200 Ton since Oct mth

KolhuOil remains in pressure of Super Rabi 2024 Crop-Soy/Cot/RBD adds Rs 6-9kg in Feb-KolhuOil/RBO:No rally in Feb mth-KolhuOil/RBO may drop further coming mths-KolhuOil trades Rs 20kg in 2023 over RBD/now spread Rs 15kg-KolhuOil Premium to SoyRef stays 10kg past 14mths

CotRef beats SoyOil run in Feb-Shortage works in CotRef-run Rs 9kg in Feb/best mthly run of 14mth-CotRef Premium to RBD peaked Rs 46kg in Oct 22/Feb maximim Premium to RBD Rs 6*History:-CotRef Premium to SoyRef/Year average:-2021 Yr/Rs 3-2022 Yr/Rs 6kg-2023 Yr/Nil-2024 Yr/RS 3kg below

PalmOil Supply tight/SoyOil Supply surplus, effect reflect in Kandla Cif quotes-SoyDegum recovers $49 from Jan low $910-SunOil recovers $40 from Jan low $900-CPO/RBD recovery pace double to SoftOils, recovers $95 from Jan low-SoyRef run pace faster than RBD/Soy adds Rs 8kg:RBD run Rs 7kg

Brent finish mth with Run from mth 1st day-Rupee movement very narrow past 8mth-US DollarIndex movement too very thin:Funds convinced of US Int Rates staying higher-Ringit marks lifetime low

SouthAmerica higher Soy crops effectMarket Tone:-Cbot finishing mth below 1day of Mth past 6mths

Cbot SoyOil remains in pressure of US slowing Soy Exports, South America higher crops-Cbot drops $30 in Feb-Argntna SoyOil ignores Cbot slide/adds $60-Cif Kandla run pace Half to Argntna run $60-Ports SoyOil shortage makes Indian Mkts hot-HighSeas soars Rs 6kg-Kandla SoyRef adds Rs 8kg