Rajkot EdibleOil Broker say:*RBD Olin Tankers/No waiting:Tanker loaded same day-Resellers quotes Rs 2kg below Plant Rs 965*SoyRef/Plants empty-New Vessel to berth 4-5 days later-Resellers ask for 25-30 March delivery Rs 960-Soy/RBD Olin fresh buy slows as Traders stok ample
Category Archives: Reports
Alert: Kandla Mundra Ports Tanks total empty of Soy PalmOil Stoks*Stok as on 16 March–CPO 42201 Ton/stoks drops 92000 Ton in 7 weeks-SoyOil stok even short for 1000 Ton Capacity 1 Refinery for 9 days Refining-stok Reported 9006 Ton-SunOil stok dropped to 2750 Ton
Net sugar output dips to 280 MT so far in 2023-24 mkt yr ending Sep: ISMAIn Uttar Pradesh, sugar production stood at 88.40 lakh tonnes as against 79.63 lakh tonnes during the period under reviewIndia’s net sugar production fell marginally to 280.79 lakh tonnes till March 15 of the current marketing year that started in …
Cotton Prices Dropped As CCPC Pegged Higher Crop For Current Season
Cotton candy prices experienced a decline of -0.81% yesterday, settling at 61480, primarily driven by increased crop production forecasts by the Cotton Corporation of India (CCPC) for the current season. The upward revision in crop production expectations, coupled with lower demand from mills, exerted downward pressure on ICE (NYSE: ICE ) prices for cotton . …
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SUNFLOWER OIL Import parity at Kandla 19 MAR @11:57 AM:
CIF APR Shipment 975$ (Vessels arriving 15-31 MAY) XRs.83.41(incl Prem) +Duty Rs.4491@5.5% +Port Exp 1500 =Landed Cost SUNOIL Crd Rs.873 +Refining Rs.50 =SunRef Cost Rs.923 (vs Kandla spot quote 1010 for Vessels already arrived)
Funds cover CBOT soy and corn shorts, snap bean selling streak
SPECULATORS covered short positions in Chicago corn and soybeans last week, chipping away at their still-massive bearish bets as futures continued climbing off multi-year lows. In the week ended on March 12, money managers cut their net short position in CBOT soybean futures and options to 155,137 contracts from a record 171,999 in the prior …
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Soy dollar rumors have little effect on soybean sales in Argentina
Rumors of a new soy dollar in Argentina had little effect on soybean farm sales when compared with the previous rounds of the special exchange program, with farmers continuing to sell instead of waiting for a new program to pay production costs. The Argentinian government has denied plans for a new soy dollar exchange program …
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SOYDEGUM Import parity at Kandla 19 MAR @11:57 AM:
CIF MAR Shipment 1006$ (Vessels arriving 1-15 MAY) XRs.83.29(incl Prem) +Port Exp Rs.900 Ton =Landed Cost Rs 846(vs SoyDgm Kandla H/S quoted 950 Rdy/Fwd 915) +Duty Rs.4297 Ton@5.5% +Refining 30 =SoyRef Landed Cost Rs.919 (vs Kandla quote 1015 Vessels already arrived)
PALMOLIN Import parity at Kandla 19 MAR @11:57 AM:
C&F MAR Shipment 1020$ (For Vessels arriving 1-15 APR) XRs.83.05(incl Prem) +Duty Rs.10594 Ton@13.75% +Port Exp Rs.1200 Ton =Landed Cost Rs.965 10kg (vs Kandla spot quoted 970 or Vessels already arrived)
CPO Import parity at Kandla 19 MAR @11:57 AM:
C&F MAR Shipment 1050$ (Vessels arriving 1-15 APR) XRs.83.05 (incl Premium) +Duty Rs.4154 Ton@5.5% +Port Exp Rs.1200 Ton =Landed Cost Rs.925 10 kg(vs CPO Kandla H/S quoted 941) +Refining Rs.45 =Landed Cost Palmoln Rs.970 (vs Kandla spot quoted 970 for Vessels already arrived)