Category Archives: Reports

SUNOIL FOB:Blacksea Slr 880$ v Byr 850Russ:880/850India cif:MY 1000/980JN 995JY 1000

*Malasia Palmoil prdn surges/demand crash 85000 Ton vs April so risk in KLC expands*Farmers hikes Mustard sales as Prices recover/exceeds MSP

*Brazil adverse weather too killed GN prdn growth tempo *Brazil Argentina Soy crops fails even No panic to cover from US-US new crop booking stand 19yrs low

*UAE buys only Australia Canola/Jan/March UAE Import 1.72 LT vs 2023 Full Year 7.08 LacTons *US BioDiesl now Not so big News-BioDiesel/HVO jan/April prdn soars 11 LT but BioDiesel adds only 50000 Ton

Argntna 2023 season failed SoyOil crop/PalmOil tuning costly to SoyOil big boom for Argntna in 2024 season-Jan/April SoyOil shipments 5 Lt more than LY 13.53 LT-Argntna Jan/April Exports booms 36% but India buy 75% more vs LY 4.85 LT-Bangla buys 50% extra to LY

-Ukraine Russia tense piled up many new suppliers to World-Bulgaria Romania Russia now bigger supplier to India than Ukraine-Jan/March Ukraine shipments Half of 2yrs ago 3.31 LacTons

-Soy farmers most harassed on past few mths Rains-Canaola planting may revive, assuming safer than Soy-CanolaOil see No demand problem on Canada lower supplies-Cotton/Sesamum area may expand

-Russia Top supplier 3.78 LT-Russia Origin Import set to Exceed LY 10 LT-Romania shipment 235% of LY 1.14 LT-Bulgaria Out on lack of Supply

China Jan/March CastorOil Import back to 2021 Year level 85000 Ton-Jan/March Import 85000 Ton 25% extra to 2022 Jan/March 68000 Ton*Brazil out of CastorOil Exports-Jan/March export 452 Ton vs Last Year 1550 Ton-Local short supply push Jan/April Imports to 1150 Tons vs LY below 100 Ton

-Jan/March buy from India 25% more to LY 45529 Ton-India Jan/March Exports 3yrs high-China already bought Half of LY 1.11 LacTon in Jan/March