POC Seminar:Gapki estimates:-2024 Year PlamOil Prdn 544 LT, 12 LT growth-Local usage to expand 19 Lt to 241 LT-Exports 27 LT less to 295 LacTon*Average CPO Prices900/1000 Ton vs LY $960 Ton-Prices wud ease in 2H-BioDiesel blend Possibily 40%/Govt may hike further in Year 2025
Category Archives: Reports
SPOT FOB/CIF SPREADS : RIVAL OILS
SOYMEAL : FOB PRICES
ARGENTINA-BRAZIL SOYOIL PREMIUM OVER CBOT
SOYDEGUM/SUN OIL : FOB PRICES
MAJOR INDICES: CURRENCY/EQUITY/METALS/ENERGY
Dorab Mistry slides moving on many Platforms, even before He Officially spokes in POC/Malasia-KLC 3900/4300 by June, movement depends on Prdn levels-April/June tighest mths for Palm Supply-Cbot wud recover-US Cash SoyOil wud be most Explosive on Shortage-SunOil bottomed out
Malaysia PalmOil Fob Prices @ Midday Close / 6 MAR 2024
MIDDAY Market CloseBmd : May 4038 (+52)H 4050 / L 3979Vol : 25,923 OlnMar 905 vsApr 905 vsAmj 890 vsJas 850 vsOnd 840 vs Rbdpo: -5 Strn: Apr 905 (deld)Pfad: Mar 775 (deld) Local Cpo: Mar 4120 LauricsCpko: Mar 273 (pk) / 273 (pg)Rbdpko: Mar 1050Rbdpkoln: Mar 985Rbdpks : Mar 1155 Sbo :Mar 4451 (unch)May …
Continue reading “Malaysia PalmOil Fob Prices @ Midday Close / 6 MAR 2024”
SOYMEAL Basis/Fob vs CBOT:Argntna(46.5%):Mar+20/+10(Fob Seller 385.69$)-4$Apr+17/+8(382.39)-2May+10/+1(374.67)+1Brazil Plt(48%):Apr+18/+17(383.49)-3May+12/+10(376.88)-4JJ+5/+4(372.69)-3USA Gulf:16-30Apr+30(396.72)+1May+20(385.69)-4JJ+20(389.22)-2
Oilworld Price Forecast
Oil World say:-SoyOil June July shipment can surge by $100/120 ton-PalmOil can loose on prdn growing coming mths-Soybean has scope to decline so Argntna Meal can drop to $300 Ton*April/Sep average SoyOil $940 Ton-Malasia Olin $920-KLC nxt 3mths 3800/4300 Ringit