Banglar Agragoti/19110 TonHafnia Atlantic/22500Ardmore Seahawk/15000Pine Express/42906Fairchem Tiger/18000Seaways Citron/18500Courage/24000Nord Miyago/40000PS Queen/15000Fairchem Katana/14000-Total 2.30 LT-April import likly 1.50 LT
Category Archives: Reports
*China focus to hike Population/wud aid newly weds *Argntna Grey Peso continues to stay below 1100
*Indonesia targets to boost PalmOil prdn-plans to double Palm Trees replanting Subsidy to 6 Crore Rupia Hec*US see Hamas Israel Cease Fire nxt week
*China allowing Brzl Poultry Import DutyFree*Argntna 31% Soy crop condition GE/only 17% poor-very poor*INR may face pressure today on back of losses in Asian Mkts
*India Poultry Products Exports sets new record/FY 24 Exports liikly Rs 1200 Crores *Wheat MSP buy to begin 1 March to Cool farmers anger-crop ready for harvest
Cbot/KLC funds tired after 2 days 2% run-KLC/Cbot down on Profit buking-Petro drop slows VegOils Futures run
Kandla Refiner doubts in SoyOil rally to continue for long-Ready Cargo Rs 945/Only on Today payment-offer May Cargo Rs 5.50kg below Spot-June/July further Rs 1kg each mth lower to May
PT Astra estimates-120 LacTon CPO used in BioDiesel/9 Lt used in Food use so Indonesia 210 LacTon CPO used locally-Local use ratio to Prdn 41%-Indonesia plans 100% BioDiesel blend for Vehicles-100% BioDiesel Plan wud be desaster for PalmOil Refiners as it wud halt Processed PalmOil Export
Malasia Palm Sector still faces Foreign Workers acute shortage/Approx 40000-Plantation Min admits PalmOil sector loosing upto 8 Billion RM year Export Income because of Low harvest of FFB-Home Ministry/HRD Min blockade foreign workers entry
GLOBAL MARKET SCENARIO-
European market With the exception of the March 2024 wheat contract, prices on Euronext yesterday rose on all wheat, corn and rapeseed contracts, both for the 2023 harvest and for following periods. For new crops, the current rainy conditions in France are still a cause for concern for the advance or finalization of sowing of …