Posted by & filed under Sunflower Oil Market Report, Sunflower Oil Prices.

CBOT Rallied with the surprise NOPA report. Bean oil closed 74 points and basis helped bean oil FOB offers to go up to 799 for Jan Feb. May is still offered at USD 772 giving competition to sunflower oil. Weather have started getting colder in Ukraine and Russia. Traders are not worried about Ukraine crop but are watching Russian developments closely. France reported higher sunflower oil crop numbers and thus the SND would tend to remain balanced. Sunflower oil will remain at a premium for forward months and the premium will only increase if the bean oil prices come down. Palm oil recovered from morning and is now in positive zone. Ukraine traded yesterday good volumes of sunflower oil JFM 760-65 levels and AMJ at 772 levels. CIF India buyers are looking to buy AMJ and JAS one more round but at the levels below 815 and 825 respectively.

 

  • Palm oil Midday Market Close
  • Bmd: 2747 (+15)
  • H2758/L2737
  • Vol: 19,863
  • oln:
  • Nov 680
  • Dec 680 vs 672.5
  • Jfm 685 vs 681
  • Amj 685 vs 683 trd 685-682.5
  • Jas 667 vs 662.5
  • Ond 662.5
  • rbdpo: -5
  • strn: Dec 702.5 (deld)
  • pfad: Dec 635 (deld)
  • Local cpo: Nov 2710
  • Indon cpo:
  • Nov 685
  • Dec 685
  • Jan 692.5
  • Fm 695
  • laurics:
  • cpko: Nov 343
  • rbdpko: Nov/Dec 1505
  • rbdpkoln: Nov/Dec 1315
  • rbdpks: Nov/Dec 1775
  • Rm 4.177
  • Crude Oil : Dec 55.36
  • Ace : -12 -12 -12
  • Dce: Jan 5496 (-10) May 5618 (+2)
  • SPPOMA 1-5th Nov est:
  • FFB: -1%
  • OER: +0.03%
  • Prodn: -0.84%
  • SPPOMA 1-10th Nov:
  • FFB +6.3%
  • OER -0.30%
  • Production : +4.46%
  • Sppoma 1-15/11
  • FFB +6.35%
  • OER -0.09%
  • Prodn +5.87%
  • 6 ports Europe Sfo jfm 800 v 790 amj 820 v 812.5 jas 835 v 822.5 ond 830 v 817.5
  • Black Sea sunflower oil FOb Ukraine offered JFM 770 vs 760, AMJ 780 vs 770.
  • Russian sunflower oil offered USD 760 vs —
  • Spain offered at USD 815 vs –
  • Italy offered at USD 810 vs –
  • CIF India Sbo : Nov : 120 , JF : +80  Sun :Dec : 810 , Jan : 815 , feb : 820
  • Turkey offered at USD 790 vs –
  • Currency INR 65.23, Rub 59.88, Euro 1.1770 and RM4.17

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