Category Archives: Reports

INR 83.49 EUR 1.0832/90.4980 POUND 1.2596/105.165 IDR 16028 SGD 1.3496 MYR 4.7030 BSE 72973(-133.86) PETRO 78.81+0.59 USDX 104.87

*Bay of Bengal rising Sea surface Temperature may impact Indian Monsoon *BlackSea SunOil most stable VegOil past many days/now trades very close to SoyOil-so SunOil cheapest charm fades

*Palm Funds advise buy on KLC dropping below 3750 RM*Kandla SoyOil may see selling pressure on Argntna squaring positions on lack of US UCO Tariffs

Australia Weather Bureau see 50% chance of LaNina-US may see drier sowing season-SouthEast Asia may witness heavy Rains/Floods on LaNina-keeps LaNina in Watch mode

*Canada Canola/ChickPea/Lentil sowing off to gud start on warmer than Normal Weather*Canada Canola crush boom to expand more-lower Canada Canola Exports wud help Australia to ask more from Overseas buyers

SkyMet report:-No Pre-Monsoon storm in Indian Ocean/defying trend of past 4yrs-April May most probable mths of Cyclones in Indian Ocean-May mth chances bigger than April-Monsoon 1 June onset may delay on lack of storms

*US Soy Farmers disappointed on Non inclusion of UCO in China Import tariff hike*Nopa may report USA April Soy crush slower than March*Argntna poor weather result:Wheat soared $52 Ton in 2 mths thou match LY

April MONTH–SoftOils Port dispatch to Refiners exceeds PalmOil 5.80 LT-April SoyOil Ports dispatch to Refiners double of March 1.96 LacTon-April CPO Import surges 1.50 LacTon over March but Ports stok elevates 50000 Ton in April over March-RBD Ports despatch to Trade matches 1.24 LT import

Global models see winds strengthening over Sri Lanka by weekend, though not as convincingly over the Andamans South-westerly winds may likely intensify across Sri Lanka (orange shade), though not in as convincing fashion as over South Andamans, by the weekend. India Met Department expects the monsoon to set in over the Andaman around normal time …

Continue reading “IMD expects monsoon to reach South Andaman around normal time”