KLC retains run but gains capped on slowing demand-Cbot too extend gains as Analysts drops crop size-Malasia Ringit weakens 26yr low so Import cost rose
Category Archives: Reports
No weather threat to Mustard crop yet-many Feel Crop can inch to 140 LacTon+10 LacTon Old crop-record supplies weighs Mustard Complex
Brazil higher BioDiesel mandates few days later shows impact on SoyOil Export Values-Brzl asking Premium over Argntna SoyOil-Premium still thin, may fade later on Crop pressure
Wilmar Core Net Profits year 2023 drops 35.3%-Say:Tough Operating conditions may continue to persist into Finanacial Year 2024
2024 year begins positive for CPO/RBD Olin Exports-Jan mth combined Exports of Indonesia Malasia Thailand reported 16.45 Lacton/much higher to Jan 2022, 2023 Exports-RBD Olin Jan Exports 2.07 LacTon higher to LY 8.32 LT-Crude PalmOil Jan Exports similar to Last Year 6.22 LacTons
Food Use PalmOil:CPO, RBD Olin demand drops in 2023-Malasia Indonesia Thailand Export records confirms-2023 Yr Top 3 Origins CPO+Olin Exports 175.42 LT, 19 Lt below year 2022-CPO Exports stable at 80 LT in 2022/2023-RBD Olin Export drops 18 Lt to 95.56 LacTon-All losses faced by Indonsia
High doubt in USA to meet season Soy Exports target-sofar US Export sales 95 Lt below LY 483 LT-season Export may drop to 6yr low
Indonesia 2023 yr Rains reported 21% less to 2022yr 118mm-high losses 41%reported in 2H of year-Jan rains not far away to LY 109 mm but 22% higher to 2yrs ago
South America higher Soybean Crops, US Exports very poor shape reflects in Cbot Soybean/Meal losses-SoyOil holds on Brzl higher BioDiesel mandate, PalmOil shortage-Argntna SoyMeal most loser on double crop to LY/lost $65/71 Ton in Feb-USA too in panic/Fob Values drops upto $60 Ton
INR 82.89 EUR 1.0850/90.0160 POUND 1.2684/105.131 IDR 15653 SGD 1.3438 MYR 4.7785 BSE 72777(-12.24) PETRO 77.76 +0.18 USDX 103.77