Category Archives: Reports
Singapore Broker says:-CPO Cif Kandla wud not come back to $850 even few mths later-SoyMeal demand in Many User Countries declined on Consumers low capacity to buy-Oilseeds crush wud rise for OilNeed so Meal can fall more-SunOil extra pressure wud fade soon so Palm Sun spread to narrow
POC SeminarRKSinghal Live Reporting*Oil World says-SoyOil weakness in Origins temporary-India recenltly has bought larger Volumes of SoyOil-PalmOil Premiums to SoyOil wud end by April May-World VegOils Prdn wud remain short to demand many years-Malasia 2024 Prdn to remain stable to LY
INR 82.90EUR 1.0852POUND 1.2700JPY 149.968CHF 0.8844AUD 0.6514CNY 7.1991Gold 2124.83Silver 23.608BRENT CRUDE 82.08DOLLEX 103.80253M USD SOFR 5.326396M USD SOFR 5.252451Y USD SOFR 5.03557
KLC cross 4000RM in early trade thou POC Speakers may not predict KLC bullish nearterm-Singapore InterMediator say:-Malasia PalmOil prdn suffered on past weeks high rains-Plantation/Highways Roads damaged-FFB harvest/Delivery to Mills slowed, hurting Prdn pace-may take 3 mths for repairs Palm Trader say:-Malasia Indonesia Palm Planters/Refiners Hoarding Capacity high so No Worry even if India China …
POC Seminar:PalmOil Analyst Dr Sathia Varqa says:-Malasia CPO Prdn wud start growing onwards March-Indonesia 2024 Year PalmOil prdn wud decline as many Areas dry-Malasia weather Gud/rains blessed FFB Trees so extra Prdn over Feb wud pressure KLC-Palm Futures can drop in 2nd Qtr
ARGN FOB SOYOIL:M867$+6/A860+1
SOYOIL Basis/Fob vs CBOT:ARGENTINA-Mar-570/-670(Fob Slr 867.29$/Byr 845.24)+6$Apr-600/-680(860.68/843.04)+1May-620/-740(856.27/829.81)+24JJ-650/-750(859.13/837.09)+22
Teflas (Host of GLOBOILS) felicitated at POC Malaysia
वर्ल्ड मौसम ऑर्गेनाइजेशन के अनुसार मार्च से मई में एल नीनो रहनेवाले 60 फीसदी चांस है। अप्रैल से 10 जून तक एल नीनो न्यूट्रल होने के चांस 80 फीसदी हैंअगर जून से अगस्त में एल नीनो रहता है तो भारत में बेहतर बारिश के आसार बनेंगे।