Prices to Range 3650-3900 Ringit(767-819$) Amidst Seasonal Production Recovery In May, palm oil prices are expected to remain subdued, trading betweenRM3,650 (USD767) and RM3,900 (USD819), influenced by seasonal productionrecovery. Palm oil stocks are anticipated to begin to rising in May, peakingin October. The anticipated supply uptick has already impacted prices, withthe recent drop in palm …
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Argentina June shipment Soydegum rallies Rs.2.50kg last nightCHINA:SOYOIL+30,ML+5,SD-7,RBD+16
CNF INDIA:CGLCPO WCIJun 947.5$Jul 950JAS 950ECI -$5OLN WCIJun 915Jul 915JAS 915ECI -$5 OLAMCPO WCI*Jul 950Aug 950Sep 950JAS 950OND 960OLN WCIJune EC 915July 910JAS 910ECI -$5 -SAVERAA
ARG SUNOIL-
CBOT SOYOIL July Share:38.24% V 38.03% SPREADS:BOPO-July SoyOil vs Palm 166$ V 157Dec 177 V 174POGO-Jun Palm vs GasOil 71$ V 73July 73 V 70
KLC Monday closed higher, boosted by stronger CBOT Soyoil on Friday night. However, weak exports in May so far are exerting pressure on KLC, limiting potential gains
KLC PALMOIL OPENS 50 PAISE KG HIGHER
8:01#KLC+28(AUG3949)ECBOT:SOYOIL-0.25(46.07)ML+0(374.1)SD-4.5(1243)CHINA:SOYOIL+44,ML+8,SD-4,RBD+40ARGN FOB:SOYOIL:J944$+30SFOIL:M910$+0SOYMEAL:JY427$+4
ALL INDIA PORT STOCK:
15 May/30 Apr/31 DecSoydgm:1,31413 Ton/1,10839/1,73597SunOil:1,99511/1,74857/1,33490CPO:2,36530/2,19924/3,65527RBD:1,12086/79909/1,34336Total:6.79 LT/5.85 LT/8.06 LT
ARG/BRZL SOYOIL/SOYMEAL BASIS/FOB-
SOYOIL Basis/Fob vs CBOT:ARGENTINA-Jun-350/-480(Fob Slr 944.00$/Byr 915.35)+30$July-500/-580(910.94/893.30)+12Aug-550/-700(905.21/872.14)+12Sep-550/-700(908.74/875.67)+10Oct-560/-700(908.07/877.21)+22BRAZIL-Jun-100/-260(999.12/963.85)+12July-450/-600(921.96/888.89)+23Aug-450/-650(927.25/883.16)+23Sep-450/-650(930.78/886.69)+21Oct-400/-650(943.35/888.23)+9 ARGN FOB SUNOIL:MJ Slr 910$/Byr 860+0$ SOYMEAL Basis/Fob vs CBOT:Argntna(46.5%):July+14/+8(Fob Slr 427.80$)+4$Aug+16/+8(426.48)+5Sep+17/+8(425.05)+5Oct+18/NB(424.39)+4Brazil Plt(48%):July+9/+6(422.29)+6Aug+10/+6(419.87)+6Sep+10/+5(417.33)+6Oct+15/+9(421.08)+7ND+15/+9(423.50)+6USA Gulf:JJ+30(445.44)+6Aug+30(441.91)+5Sep+30(439.38)+4Oct+25(432.10)+4ND+25(434.53)+3
7:20#ECBOT:SOYOIL-0.19,ML+0.1,SD-3.0CHINA:SOYOIL+34,ML+7,SD-2,RBD+42INR 83.34RINGIT 4.6935+0.20%WTI JULY 79.10$-0.20BRENT JY 83.51$-0.17