भारत मे अप्रैल में एडिबल सप्लाई डिमांड से दोगुनी थी, डिमांड गायब रही तो भी इम्पोर्ट बढा है।तेल वॉयदे साथ नहीं डें रहे, इस कारण ट्रेड की नई खरीद गायब है।तेल फंड्स को कल की Mpob और USDA की रिपोर्ट मंदे वाली लग रही है।

Malaysia PalmOil Fob Prices @ Close

Market CloseBmd : Jul 3830 (-39)H 3889 / L 3820Vol : 48,976 OlnMay 855 vsJun 850 vsJas 845 vs 840Ond 850 vs 845Jfm 865 vs 857.5 Rbdpo: -5 Strn: Jun 877.5 (deld)Pfad: Jun 797.5 (deld) Local Cpo: May 3930 Laurics: May 293 (pk) / 294 (pg)Rbdpko: May 1160Rbdpkoln: May 1100Rbdpks : May 1290 Sbo :May …

Sh Nagraj see Argntna April/Sep mths Soy crush average 45 LacTons-Very tough for Argntna to create SoyOil demand for mth Prdn crossing 7 LacTons all nxt 6 mths-feel Argntna SoyOil to break $800 Fob by June on excess supplies/India Cif at risk to drop close to $875

Sh Nagraj Meda/TransGraph too Bearish in Palm Futures–Alone to Brush KLC bearish in Teflas Dubai GlobOil Event-predicts KLC to drop 3300/3200 Ringit in July Aug-see May stoks 19 LT-June stoks 17.70 LT-Sep stoks to surge back close to 20 LacTon-Advise to sell in every spike

Brazil Soyoil $50 ton hotter in May despite very poor exports–Jan/April Exports 4yrs low-sharp more than Half drop to LY ever high 8.67 LT-Export surplus shrinks on higher BioDiesel usage but prdn drop on crop loss-Jan/April shipments to India 2.43 LacTons/3yrs low-Half of 2yrs ago 4.90 LT