Author Archives: 919810285269

*India SunOil Import in excess of domestic needs-April Import 10% less to Dec 2.60 LT but April Ports stock elevated 30% vs Dec to 1.74 LT*RBD Olin Imports too short to domestic needs on CPO low Refining-April import Half to Dec 2.51 LacTon-Ports April stock drops 55000 Ton vs Dec 1.34 LT

*India CPO Imports short to Refining needs-April Import 84000 Ton short to Dec 6.20 LT-Ports April stock reported 1.60 LT shorter to Dec 3.65 LT*SoyOil April Import elevated 2.30 LT to Dec 1.52 LT-but April Ports stock drops 73000 Ton to Dec-Implies Vessels Cargo fastly moving to Refineries

-showed Courage to Outstrip SoyOil for more than 140days-CPO trades $87 over Argentina SoyOil in April/now trades $34 Ton below-Malaysia ready RBD Olin trades $70 Ton below Argentina SoyOil

-Brazil more hotter than Argentina because of big crop losses-Argentina June shipment adds $100 Ton/Brazil $180 Ton hotter-defered mths hotter but much at low speed-SoyOil more hotter in Physical than Cbot-Brazil offsets Argentina large Crop Brazil ready SoyOil big shortage-Premium to Argentina all time high $55 Ton

KLC/BMD Malaysia will be closed for public holiday on Wednesday, May 22nd for Wesak Day.Trading session will resume on Thursday, May 23rd.