Author Archives: 919810285269

India Lecithin Export pace faster to LY-Jan/March shipments 14650 Ton vs 2023 Full Yr 55086 Ton*India Jan/March Lecithin Import slowing on higher Local Soy crush

India May mth VegOils demand always slide on Hot Weather-Even May mth Imported Oils+Trade Stock supplies to elevate to 4mth high 37.45 LT-May mth Import 2 LacTon extra to April but Ports stock drop offsets higher supplies

SolAssn say RBDeOiled prices stays at low level in absence of Exports-may weaken further on higher DDGS supplies

MPOC recent report: KLC to trade in 3650/3900 RM in May-No Other analyst sofar predicted KLC to drop below 3700 RM

MustardOil buyers now cautious after Rs 11kg jump in May mth/feel risky to make fresh Positions even if Palm SoyOil adds-feel/Trade over-stocked in price spike

Kandla Mundra VegOils Ports Stock build-last weekend stok nearly double to 6week ago 71500 Ton-Soy/Palm stock equals 70000 Ton

Kandla Palm Stearin Trades Rs 4.50kg end March-March April lower CPO refining push Stearin over to RBD Olin-Hotter May completes half way but Stearin continues to Trade over Olin on BioDiesel Plants higher buy-Fatty continues to Trade Rs 12-14kg below Stearin despite low CPO Refining

-2023 Year Import averaged 2.50 LacTon-mid May Ports stock equal India 24days consumption-Ports SunOil past 5 mths elevating

Ports SoyOil stock recovers sharp past 2 mths-Port Tanks nearly empty mid March-stock Mid May reported 1.31 LT