(May 11): Soybean oil futures surged by the most since July as traders bet that Chinese used cooking oil may be included on the list of tariffs expected to be announced by the US. The Biden administration is set to raise tariffs on goods produced in China such as electric vehicles as early as next week, Bloomberg reported …
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Basis bids for corn and soy fell in the U.S. Midwest on Friday on farmer selling as futures rose following the U.S. Department of Agriculture’s monthly supply and demand report, dealers said. * U.S. corn and soybean supplies are due to rise in the coming year as farmers are expected to harvest another large crop …
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Last year, on the corresponding day, the total arrival had stood at 123.20 lakh tonnes. This time, the state is expecting a bumper crop with the total production expected to touch 175 lakh tonnes. With 127.61 lakh tonnes of wheat having arrived in Punjab’s mandis till Thursday (May), the figures have already surpassed last year’s …
Looks to double revenue in 3-4 years; focus to remain on branded staples In FY24, the food and FMCG segment achieved a turnover of nearly Rs 5,000 crore, marking a two-fold increase in two years, he added. Consumer goods company Adani Wilmar, best known for its Fortune brand of edible oils, is banking on its …
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La Nina weather phenomenon likely to start in the Pacific Ocean, leading to above-average rainfall and floods in India during monsoon season starting in June. Conditions have turned favourable for the La Nina weather phenomenon in the Pacific Ocean to start in the next few months, the Climate Prediction Centre of the National Oceanic and …
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CNF INDIA/$ TON-CGLWci :Jun : 937July : 927Aug : 927Sep : 927JAS : 927Oln :June : 905July : 900Aug : 895Sep : 895JAS : 897Eci : -5$ OLAMCPOWCMay 960June 940July 932.50JAS 925OND 935OLNJune 905July 900JAS 900EC -5-SAVERAA
Cotton Oil Conclave:12-13 July/AhmedabadIVPA VegOils Conference:18-19 July/DelhiIndo-Africa Conference:29-31 July/TanzaniaGloboil India:18-20 Sep/Mumbai
इस सीजन अमेरिका का एक्सपोर्ट 80 लाख टन घटेगाबायो डीजल के लिये सोय्या तेल की ज्यादा जरूरत होते हुए भी सीजन में क्रश 24लाख टन ही बढ़ेगा।इस कारण सीजन के आखिर में स्टॉक 4 साल का सबसे ज्यादा 92 लाख टन हो जाने के आसार है।सीबोट दबाब में ही रहने के आसार है।
अमेरिका में यूको पर इम्पोर्ट टैरिफ बढ़ने जा फायदा सोय्या तेल की कम, बायो डीजल के दूसरे रॉ मैटेरियल्स की ही मिलेगा।कैनोला तेल सीड आयल है, इसे भी फायदा मिलेगा।यूको इम्पोर्ट महँगा होने पर भी बायो डीजल में सोय्या तेल यूज़ नहीं बढेगा, ऐसे हालात दिखाई दे रहे है।वैसे भी कुछ साल में बायो डीएल …
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