CIF JUNE Shipment 1028$ (Vessels arriving 15-31 JULY) XRs.83.43(incl Prem) +Port Exp Rs.900 Ton =Landed Cost Rs 866 vs (SoyDgm Kandla H/S quoted 865 Rdy/Fwd 850) +Duty Rs.4337 Ton@5.5% +Refining 30 =SoyRef Landed Cost Rs.940 (vs Kandla quote 940 Vessels already arrived)
Category Archives: Reports
Palm FFB Prdn recovering so PKO supplies too begins rising/resulting $100 Ton drop in Roterdam in May mth-CopraOil in high demand so price fall very limited $10 Ton
PALMOLIN Import parity at Kandla 27 MAY @11:50AM
C&F MAY Shipment 930$ (For Vessels arriving 1-15 JUNE) XRs.83.19(incl Prem) +Duty Rs.10693Ton@13.75% +Port Exp Rs.1200 Ton =Landed Cost Rs.892 10kg (vs Kandla spot quoted 905 For Vessels already arrived)
CPO Import parity at Kandla 27 MAY @11:50AM
C&F MAY Shipment 960$ (Vessels arriving 1-15 JUNE) XRs.83.19(incl Premium) +Duty Rs.4138 Ton@5.5% +Port Exp Rs.1200 Ton =Landed Cost Rs.852 10kg(vs CPO Kandla H/S quoted 876) +Refining Rs.45 =Landed Cost Palmoln Rs.897 (vs Kandla spot quoted 905 for Vessels already arrived)
China Soybean demand shrinking/Proved-April 85.72 LT Import 4 LT short to LY 89.62 LT-Jan/April Imports trails 31 LT vs LY 319.90 LacTon-2024 Last Qtr Import growth offsetted in Jan/April
PalmOil Star Speakers Intelligence Test begins now/only 5 days rests in May-MPOC predicted KLC bottom 3650-Sandip Bhan said:KLC bottom 3700-KLC Friday finish 3886 RM so need to correct atleast 250 RM to justify MPOC/Sandip Bhan Intelligence-KLC deep correction depends on Malasia stock build
SUNOIL SUPPLIES-
BlackSea Origin SunOil supplies to tighten in May/Aug–-User Countries SoyOil imports set to elevate in May/Aug on limited SunOil supplies-SoyOil wud easily grab lost market Share next 6-mths*SunOil supply character:-Supplies elevated in 1H Sep/March/2H supplies to tighten in 2Half of season
MPOB ANALYSIS-
Mpob reports reveals Malaysia stocks soared 1.87 LT in May over April Last Yr-highest Stok build of 6yrs-April 2024 Stock reported 2.47 LacTon extra to Last Year 14.97 LacTon-based on LY trend, Prdn growth pace, slower demand, May 24 stock can surpass easily 19 LT-KLC may see high pressure
INR 83.07 EUR 1.0849/91.1048 POUND 1.2744/105.828 IDR 16062 SGD 1.3495 MYR 4.7075 BSE 75579(+181.80) PETRO 78.00+0.28 USDX 104.71