*Petro drops 2% ahead of Fed Bank Report/USDX eased on Fed Bank report*Dengue outbreaks in Argentina/on track to break records
Category Archives: Reports
Cbot Funds say:-Brazil speedy Soy harvest capped Cbot rally-USDA to release US Stocks/Planting report weekend/which have history of jolting markets
ARG/BRZL SOYOIL/SOYMEAL BASIS/FOB-
SOYOIL Basis/Fob vs CBOT:ARGENTINA-Apr-720/-790(Fob Seller 921.52$/Buyer 906.09)+17$May-740/-860(917.11/890.66)+19JJ-770/-910(921.96/891.10)+18BRAZIL-Apr-580/-700(952.39/925.93)+23May-700/-830(925.93/897.27)+23JJ-700/-900(937.40/893.30)+19 ARGN FOB SUNOIL:Apr/May Slr 870$/Byr 845(+0$) SOYMEAL Basis/Fob vs CBOT:Argntna(46.5%):Apr No Slr/+13May NS/+9Brazil Plt(48%):Apr NS/-10May+3/-1(380.84)+8$JJ+3/+0(384.81)+6USA Gulf:1-15Apr+30(410.61)+916-30Apr+25(405.10)+10May+20(399.58)+9JJ+20(403.55)+9
India Mkts eases after hefty run past 30 days-Forward quotes offers discount to Overpriced spot so Trade escape from fresh buy-SoyRef Indore drops Rs 3kg in week/Kandla lost more Rs 5kg-RBD Olin too eases Rs 2.50kg-KolhuOil ease Rs 2.50kg on mounting arrivals-CotRef follows Rival Oils tone
Cbot complex last night cheers on FedBank signalling 3 cuts in US Int Rates-Funds believes Rate cut wud spur Liquidity in Economy-Cbot turns hotter after Fed Bank signal/post sharp rally-Soy/Meal/Oil all adds in closing-SoyOil $19 Ton hotter-SoyMeal soars $9.50-Soybean adds $9 Ton
JAI HIND!! JAI BHARAT!!
21-3-2024
US FED KEPT INT RATES UNCHANGED
SUMMARY OF FED DECISION (3/20/24):
आयात पड़ते कमजोर होने से अरहर एवं उड़द के साथ चना में गिरावट, मसूर के भाव बढ़े नई दिल्ली। आयात पड़ते सस्ते होने के साथ ही दाल मिलों की खरीद कमजोर बनी रहने से घरेलू बाजार में बुधवार को अरहर एवं उड़द के साथ ही चना की कीमतों में गिरावट दर्ज की गई, जबकि इस …