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INR CLS 83.28(-0.02)O/H/L:83.25/83.30/83.22EUR 1.0845/90.3940POUND 1.2733/106.034IDR 16042SGD 1.3483MYR 4.6925JPY 156.403CHF 0.91359AUD 0.66657CNY 7.23916m Premia 1.3681 %Gold 2418.2Silver 31.735BRENT CRUDE 82.27DOLLEX 104.7189

Argntna Grey Mkt inches to new high 1230, effect of lower Forex Traded in Banks-Liquidity supply short with Banks so demand jumps in Grey Mkts

GoldMan say-US Dollar Index may stay high if Fed keeps Int Rates steady so Asian Currencies wud loose chance of Firming

SunRef at risk to drop on May mth very high Cargo reported at South India Ports-kakinada krishnapatnam Chennai Ports reports 65000 Ton SunOil Cargo in April mth-1/20 May Vessels Tonnage reported 4times to Full April month-India April May SunOil Import to exceed 90000 Ton vs LY 5.45 LacTons

*Timely rains helps Canada ChickPeas crop/Prdn may be larger to Last Year*INR may firm to 83.22 today as Fed Rate cuts in 2024 Yr hope seen fading

SGS reports:-1/20 May Malasia PalmOil Daily shipment 5000 Ton less to April 37290 Ton-May shipments may drop to 9.50 LacTons vs April 10.45 LT

*Argentina Soy crush returns to Normal on higher crop-April crush 38.24 LacTons-very similar to preceding’s to 2023 year*Argentina SoyOil April mth Prdn surges 33% vs March 5.79 LacTons-Prdn expands 33% but Plants April stock elevates only 25% vs March to 3.34 LacTon-sign of demand elevating *Argentina Plants April mth SoyOil stock reported 4yr high-25% extra …

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