Category Archives: Reports

INR 82.92 EUR 1.0820/89.7810 POUND 1.2646/104.874 IDR 15691 SGD 1.3459 MYR 4.7630 BSE 72337(-758.03) PETRO 78.43 -0.44USDX 104.06

RBD/Soy CotRef zooms equal Rs 7kg since Dec-SunRef washed Jan Rs 5kg run-KolhuOil now trades back at 31Dec level-RBO follows KolhuOil so No topic to discuss*KolhuOil Trades Rs 12kg over Indore Ref 31Dec-now spread narrows to Rs 5-SouthAmrica crops big, still No Room for Mustard Refining

Doubts in VegOil rally to sustain-SunOil again in pressure/cheapest Oil in All Origins-Turkey Ukraine Europe prices easing-so SunOil longs Not seen safer-Cbot thou adds but rally temporary as US Home Stocks booming-Mustard Supplies to pressure next 20 days so SoyOil shortage to ease

Feb mth turned Bonus for VegOils Trade-Ports SoyOil low supply adds charm in Trade-VegOils zooms in India despite SouthAmerica higher crops-Origins PalmOil supply talked tight but No hot run overseas-Soy/Cot/RBD makes no head way in Jan but hotter in Feb-SunRef hot in Jan/crash in Feb mth

Argntna Brzl SoyOil April Shipment adds $43 since Jan-Kandla Cif soars $47-HighSeas Rs.8 kg hotter-spot Indore Ref adds Rs 6.20kg*BlackSea SunOil drops $55 Ton-Kakinada SunRef lost Rs 5kg since Jan*CPO Indonesia adds $32-Kandla Cif gains $48-HighSeas jumps Rs.5-Kandla Olin adds Rs 5-6kg

VegOils more hot in Physical than Futures-Indian Mkts running much faster than Overseas*KLC adds 126 RM in Feb-Last day finish 3924RM highest since Aug 4010 RM-Cbot SoyOil drops $35 Ton-so Soy Palm Futures donot projects any bull run-Brent adds $3 Barrel since Jan so No help to VegOils

CIF MAR Shipment 935$ (Vessels arriving 15-30 APR) XRs.83.40(incl Prem) +Duty Rs.4314@5.5% +Port Exp 1500 =Landed Cost SUNOIL Crd Rs.837 +Refining Rs.50 =SunRef Cost Rs.887 (vs Kandla spot quote 925 for Vessels already arrived)

CIF APR Shipment 936$                                            (Vessels arriving 15-31 MAY) XRs.83.64(incl Prem) +Port Exp Rs.900 Ton =Landed Cost Rs 791(vs SoyDgm Kandla H/S quoted 880 Rdy/Fwd 860) +Duty Rs.4166 Ton@5.5% +Refining 30 =SoyRef Landed Cost Rs.863 (vs Kandla quote 960 Vessels already arrived)