Category Archives: Reports

-Kandla RBD trades Rs 9kg below March April high Rs 98-SoyRef Indore eased Rs 12kg to March high Rs 102-CotRef losses limited to Rs 3kg on tight supply-SunRef Kakinada/doubt in more fall on limited BlackSea supplies-RB Ref No drop in April but KolhuOil drop can effect RBO

-Nafed/Hafed buy to finish in May-Farmers wud left at mercy of OilMills-Palm/SoyOils to correct more in May June so KolhuOil can’t Trade in excess of Rs 10kg over Soy PalmOil-Mustard Doc demand in poor shape as cheaper Proteins subsitutes Mustard Meal

-never surge in May over April-Mth losses limited to 200pts in 2012/2021 yrs-mkts crashed 500/700pts in 2022/23 yrs-May 2024 Cbot recovery depends only on US new crop slower sowing on dry weather-BioDiesel wud not be factor for Cbot recovery in May

-Kandla RBD droped Rs 7kg-Kandla SoyRef eased Rs 9-Kakinada SunRef crash Rs 11-KolhuOil/RBO losses limited to Rs 2-3-CotRef last year crash Rs 7kg but chances to drop in May 24 very low on supply crisis-demand drops in May so All Oils set to drop

-Malasia May Prdn growth-Brzl Soy crop losses on Floods-Argntna harvest pace-USA weather Ideal/dry for Soy sowing-Nafed Mustard buy pace-India Monsoon prediction-May India Pre/Monsoon rains, easing Fields dryness-GeoPolitical conditions

-Sep/March BioDiesl prdn stable at 26 LacTon-Advanced BioDiesel demand elevating so Prdn advanced 50% vs LY to 45 LT-USA UsedCookingOils higher Import kills SoyOil usage growth in BioDiesel-UCO Imports Sep/March 250% of LY 4.20 LT

-VegOils crashed in April 2023-April 2024 losses limited to Rs 4/6kg-Indian LocalOils played very safe in April-Nafed big bug limits Mandi arrivals so KolhuOil lost Rs 5 vs LY Rs 15kg-Cot/RBO supply short so No drop

-Cbot big drop driven by lower domestic SoyOil demand, easing Cash Values-USA home SoyOil supplies very tight/so Exports remains silent-USA BioDiesel demand growing so forced to Import alternates of SoyOil