India Local VegOils unusual Run in Feb, lead by SoyOil shortage-PalmOil shortage talked but KLC adds 125 Ringit in Feb-Kandla Olin Rs 5kg hotter till last day-KLC marks fresh run today so Local Prices may add more-KLC:18 sessions in Feb, finish higher to previous day in 12 sessions
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*Bangldesh July/Jan Wheat Imports soars to 27.49 LacTon vs Last Year 14.92 LacTon*SoyMeal most bearish in Cbot-dropped $330 in low vs 1 Feb high $370.49
Corn cheapest in All Proteins-South America offers Corn $185 Ton-US DDGS quoted US $245-Corn slides to 3yrs low on Argntna very high crop but Exports may not help
Paragua Jan Exports:-Soy 6.87 LacTon-Meal 81514 Ton-SoyOil 33067 Ton
Malasia Central Bank study:-Ringit undervalued/today quoted 4.799-say Malasia Economy outluk positive so Ringit shud firm
Cbot SoyOil lost $35 Ton in Feb mth-Argntna Fob Values adds $50 Ton-Brzl adds $82 Ton-Argntina discounts to Cbot corrects $56 Ton-so Argntna Export Values rose only with discounts adjustments-Brzl SoyOil local demand high for BioDiesel/Plants offering more than Exporters
*Study:India HouseHolds spending less on Cereals*Argntna Soybean Export Values drops $30 Ton in Feb on broad sell-off on higher supplies predictions
SOYOIL PREMIUM:Argentina-Mch -600K/-750KApr -600/-840MJJ -760/-860AS -/ -870Brazil-Mch -450/-750Apr -700/-770MJJ -/-830
Athena Report:SUNOIL-Black Sea FOB Slr 770$ vs Byr 750Russia:760Spain:April 930/910Italy:April 925/890CIF India:March 930 vs 925April/ May 910 vs 895June 905