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

Veg oil continues to stay firm . FOB prices on Soft oils are well above 780 mark for bean as well as sunflower oil and demand physically is also good promising a better tomorrow. Ukraine is celebrating its birthday today and prices offered for OND are already 785 vis a via buyers at 775 . Indian markets will be celebrating Ganesh Chaturthi festival tomorrow and will remain mostly closed. Demand in Sunflower oil is strong and JNPT traded 63000/- levels with Chennai following decent volumes at 62500 levels. CIF India today is offered at USD 845 for most of the near by positions with buyers trying their luck at 820 levels. Palm has shown good strength but now any rally will need more cash demand else we can have slight downward correction ahead.

 

Palm oil Mkt Midday Closing:

DALIAN Sep/Jan

PO -6 5560 -6 5538

BO -10 6234 -18 6376

SB -14 3809 -18 3919

SBM +1 2757 -8 2726

 

CBOT

Esbo Dec +0.05 35.11

Esbn Nov +3.00 941.00

Esbm Dec +0.90 297.40

CBOT Soyoil Share Dec 37.12%

 

ENERGY

Crude Oct = 48.37

Gasoil Sept +3.00 482.00

Brent Oct +0.01 52.58

POGO Jan +170

 

BMD (3rd onth) Nov +17 2755

Hi 2758 Lo 2730

Vol 14,282  lots

 

OLN

Sept PG 675 v

OND 670 v 667.5

JFM 675 v 670

AMJ 677.5 v 672.5

JAS 665 v 661
INDON CPO
Sept 675 v 662.5 (4.5%)

Oct 675 v
ND 677.5 v
LCL MSIA CPO

Aug DLVD 2740

 

LCL MSIA STEARIN

Sep DLVD 665

 

LCL MSIA PFAD

Sep DLVD 635

  • 6 ports Europe  CSFO seller ond 820 jfm 827.5 amj 837.5 jas 847.5
  • Black Sea sunflower oil OND 785 vs 775, JFM 790 vs —
  • Russian sunflower oil offered OND 770 vs —
  • Spain offered at USD 825 vs –
  • Italy offered at USD 820 vs –
  • CIF India offered CSFO Oct 845, ND 840, JFM 842.50 indicatively
  • Turkey offered at USD 810 vs –
  • Currency INR 64.06, RM 4.2773, Euro 1.791 and Rub 59.12

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