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

Monday morning as usual a little slow after very good business in sunflower oil on Saturday in India. Total Solar eclipse today in US of A and uncertainty about Mr Trump are not linked at all 😊. Crude may once again try to be at 50 and at the time of writing this email Palm future exchange up 20 points CBOT Oil up 6 points giving Indian domestic markets firmness. There were good rains in USA as well as Soy growing regions of India .  This keeps soybeans towards the lows and assures good crop prospects. Ukraine sunflower oil sellers have firmed up prices more as Sept comes under pressure of short covering and is being offered now at 780 with till sizable quantity in demand. Indians have purchased volumes for Nov dec and Jan on Friday and good local business at JNPT Chennai on Saturday. Today sellers have increased prices in local market and are asking 62500 for sept delivery. CIF India is being offered at 825 for October month and bid 817.50.

 

  • Palm oil Bmd: 2711 (+30)
  • H2720/L2672
  • Vol: 67,990
  • oln:
  • Aug (deld) 660
  • Sep 660
  • Ond 660 vs 655
  • Jfm 663.5 vs 660
  • Amj 665 vs 660
  • rbdpo: -7.5
  • strn: Sep 660 (deld)
  • pfad: Sep 630 (deld)
  • Local cpo: Aug 2700
  • Indon cpo:
  • Sep 665
  • Ond 667.5
  • laurics:
  • cpko: Aug 307
  • rbdpko: Sept 1300
  • rbdpkoln: Sept 1160
  • rbdpks: Sept 1685
  • 6 ports Europe Sfo starting out with seller Aug 810 sept 810 ond 815 jfm 825 amj 835 jas 850
  • Black Sea sunflower oi offered for Sept 780, OND 775 vs 755, JFM 780 vs 755
  • Russian sunflower oil offered at USD 770 vs –
  • Spain offered for OND at 820 vs – 810
  • Italy offered at USD 815 vs –
  • CIF India offered Sep : 827.5 , Oct : 822.5 , ND : 817.5 and JFM 825 vs —
  • Turkey offered at USD 815 vs –
  • Currency INR 64.11, Rub 59.08, RM 4.2850, and Euro 1.1746

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