Author Archives: 919810285269

*US Dollar Index eases 1.50pts in May, paving way to Exports*Bunge resumes Rio Grande Soy plant Operations as Flooded Water recedes

Petro/VegOils relation de-link-Brent drops 350pts in May-Cbot adds 350point in May

Canada Agri Min see Canola season end stocks surging on lower Exports/higher domestic crush fails to offsets Export loss-situation to continue nxt season too

*Argntna farmers sold 31% of likly 497 LT Soy crop-slowest sowing pace since 2014/15 season-Weather erratic so harvest only 2 days in week:halts 5 days-Low prices too stalled sales-Argntna weather turns dries/paving way for fast harvest*Argntna Local Prices highest since Dec so farmers offloading more/May selling may total 60 LacTons*Argntna April Soy crush reported 38 …

Continue reading “SPECIAL REPORT: ARGENTINA SOYBEAN”

Indonesia to begin 40% Biodiesel blend test in Railways-Sea Vessels Heavy Machinery Power Plants too wud add soon

*Lately Kandla Cif SunOil hits $1000 Ton/follows Argntna Brzl hot SoyOil run*Many Europe SunOil buyers resists any VegOil over $1000 Ton so Russia Ukraine can ship 2.50 LT mth SunOil to India

-Kandla Soy Cif May adds $18-Highseas stays-Kandla Ref drops Rs 1kg*CPO Indonesia Malasia $5 down/HighSeas stays so No change in Kandla Olin*BlackSea SunOil adds $10/Ref adds 50Paise*KolhuOil Rs 2kg more hotter*Rajkot CotRef stays*Cbot adds 54pts/KLC lost 29 RM

-day Volatility more than 100 RM past few days/signals Funds selling pressure-3650 RM level seen gud to make longs-Kandla Rs 90kg RBD Olin not looks safer on pressure on KLC-Washing Out Old costly Palm deals more safer than burning Fingers in Importing Cargo

-Searching Other Origins to have more Choice/Countries with Surplus supply-Brazil Argntna too in Focus for Regular supplies-Pulses in high demand imports allowed Duty Free-Origins at Abroad see India worry gud chance to pave way for Farmers high Incomes

Rally/Crash never One-SidedRally in Row never last than 3-4 days-KLC run stalled after 2 days-Cbot add limits to 4 days-KLC:more Risk on surging supply/Exports drop-Cbot rally driven by US slower sowing/Brazil supply concern-Cbot run artificial on US higher stocks