*India Poultry Products Exports sets new record/FY 24 Exports liikly Rs 1200 Crores *Wheat MSP buy to begin 1 March to Cool farmers anger-crop ready for harvest
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Cbot/KLC funds tired after 2 days 2% run-KLC/Cbot down on Profit buking-Petro drop slows VegOils Futures run
Kandla Refiner doubts in SoyOil rally to continue for long-Ready Cargo Rs 945/Only on Today payment-offer May Cargo Rs 5.50kg below Spot-June/July further Rs 1kg each mth lower to May
PT Astra estimates-120 LacTon CPO used in BioDiesel/9 Lt used in Food use so Indonesia 210 LacTon CPO used locally-Local use ratio to Prdn 41%-Indonesia plans 100% BioDiesel blend for Vehicles-100% BioDiesel Plan wud be desaster for PalmOil Refiners as it wud halt Processed PalmOil Export
Malasia Palm Sector still faces Foreign Workers acute shortage/Approx 40000-Plantation Min admits PalmOil sector loosing upto 8 Billion RM year Export Income because of Low harvest of FFB-Home Ministry/HRD Min blockade foreign workers entry
2:30#KLC-19(3903)ECBOT:SYOIL-0.54,ML+0.0,SD-4.5SUNOIL:853.0/:NA(+5.0/:NA)CASTOR:5760/5890(-9/-4)GUAR:5363/5415(+18/+16)COTCK:2667/2700(+37/+35)
GLOBAL MARKET SCENARIO-
European market With the exception of the March 2024 wheat contract, prices on Euronext yesterday rose on all wheat, corn and rapeseed contracts, both for the 2023 harvest and for following periods. For new crops, the current rainy conditions in France are still a cause for concern for the advance or finalization of sowing of …
2:20#KLC-20(3902)ECBOT:SYOIL-0.51,ML+0.6,SD-3.5CASTOR:5760/5890(-9/-4)GUAR:5354/5407(+9/+8)COTCK:2668/2702(+38/+37)GLD:62131/62559SLR:70628/72094
2:10#KLC-20(3902)ECBOT:SYOIL-0.51,ML+0.7,SD-3.3CASTOR:5760/5890(-9/-4)GUAR:5359/5413(+14/+14)COTCK:2669/2703(+39/+38)GLD:62151/62559SLR:70664/72111
2:00#KLC-27(3895)ECBOT:SYOIL-0.51,ML+1.2,SD-2.5SUNOIL:853.5/:NA(+5.5/:NA)CASTOR:5755/5889(-14/-5)GUAR:5338/5391(-7/-8)COTCK:2664/2700(+34/+35)