*US SoyOil supply tight, still Govt charge 45% Anti Dumping Duty on Imports *Germany Trade Expert say-US farmers Incomes to drop in 2024 Year
Category Archives: Reports
Experts say:-Falling Global Inflation, Easing Agri/Metal prices pave way for IntRate cut in 2024
China Olin Import crash 10 LT in 2023 vs 2022 Yr 41LT-DCE RBD Olin Futures over SoyOil so 1H Olin Import pace wud slow further
China 2024 Year Soy crush likly 6yr high as Animal Feed demand recovers-Crush of Canada Canola crush too wud cross 40 LacTonn-SoyOil Import wud drop on local higher supplies but RapeOil Imports wud expand
*World:July hottest on record in 2023*US House passes Bill to avert Govt shut down/sends to Senate before deadline
*Conflicting Views on Indonsia 2024 Palm Prdn*HLIB Investment see KLC 2024 range 3700-4000 RM*FedBank Chief say-Rate cut wud happen in 2024/may be 1%
*USDA may lower Brzl US Soy crops/may adjust US lower Export with higher Crush*India Rice buy for Buffer stock Tops 440 LacTons but 7% less to Last Year
*India buyers tight on Offers of Soy/SunOil for delivery in 2nd Qtr so chase spot shipment Cargo *Malasia RBD AMJ quoted $20 below spot/JAS $65 below spot
*Trade Experts predicts upto 20% correction in Argntna SoyMeal*Kandla CPO very close to $1000 Ton mark/$23 Premium to Soy-Sun $45 below CPO
VegOils Sentiments tight-Argntna/Brzl SoyOil Offers tight-Malasia very tight PalmOil supply-SunOil wud no longer remain cheaper-buyers chase PalmOil supply from Argntna Brzl-Dorab see sharp recovery in Cbot SoyOil-Still Cbot SoyOil last night settles below 45 cents/adds only $6 Ton